๐จTHE FBI CREATED A FAKE CRYPTOCURRENCY.. LISTED IT ON UNISWAP.. HIRED MARKET MAKERS TO PUMP IT.. THEN ARRESTED EVERYONE WHO SAID YES..
THIS IS THE CRAZIEST LAW ENFORCEMENT OPERATION IN CRYPTO HISTORY!!!
The FBI built an actual ERC-20 token on Ethereum called NexFundAI.. 100 billion token supply.. A professional website.. Whitepapers promising "passive income through AI-powered investing"..
It looked exactly like every other crypto project.. Because that was the point..
Undercover agents posed as the founding team.. Then reached out to professional market-making firms and said "we need you to fake our trading volume"..
Every single firm said yes..
Here's what they recorded..
Gotbit.. A firm run by a 26-year-old Russian who publicly bragged in 2019 that he built a business faking trade volumes.. His team kept internal spreadsheets with columns literally labeled "fake volume" vs "market volume"..
When asked how fast they could pump NexFundAI's volume to $1 million per day.. They said "6 hours.. It will cost about $200"..
$200 to fake $1 million in daily trading volume..
MyTrade.. Run by a guy who called himself "the mastermind".. He explained the exact psychology of the scam on camera..
"We make the chart look like a really nice roller coaster ride.. That's where people jump in.. We have to make them lose money in order to make profit"..
He said that on a recorded FBI video call..
CLS Global.. A Dubai-based firm.. Their bots generated 98% of NexFundAI's total trading volume.. When the FBI asked if they could sync fake volume spikes with fake news announcements.. They said absolutely..
ZM Quant.. Bots executing 10 to 20 trades per minute through dozens of wallets to look organic..
All of them knew it was fraud.. All of them did it anyway.. All of it was recorded..
And the clients were even worse..
Saitama.. A meme coin that hit $7.5 billion market cap.. The founders coordinated buys through private Telegram chats.. Sent "pump it" memes while manipulating the price.. Then dumped on retail investors..
$7.5 billion.. Built entirely on fake volume.. Every penny of real money came from retail investors who thought the momentum was organic..
One founder left Saitama and started Robo Inu.. Used Gotbit again.. Another launched VZZN.. Same playbook..
Lillian Finance.. Founder claimed to be a defense contractor who addressed Congress.. Marketed the token as funding children's hospitals.. Pocketed everything..
When the FBI shut it down.. They seized $25 million in one day.. 18 people indicted across the US, UK, and Portugal.. The CEO of Gotbit was arrested in Portugal and extradited.. Sentenced to 8 months plus $23 million forfeiture..
But here's the part that broke my brain..
Real people bought NexFundAI..
The FBI's fake token.. With zero utility.. Zero real developers.. Created solely to catch criminals.. Attracted real retail investors because the fake volume made the chart look bullish..
When the FBI pulled the liquidity to end the operation.. Those people lost real money.. On a government-issued token..
The FBI had to set up a restitution portal to pay them back..
And it gets worse..
Within 24 hours of the DOJ announcing the sting.. Someone cloned the FBI's exact smart contract.. Launched a copycat token.. Rode the viral momentum.. And made $127,000 in a single day..
Using the exact same manipulation tactics the FBI just arrested 18 people for..
Then in 2026.. The FBI did it again.. New token called Lexobit.. 10 more arrests.. Including operators extradited from Singapore..
IRS forensics showed that in one firm's trading.. 1,209 out of 1,221 consecutive transactions went straight back to wallets the firm controlled.. 99% circular..
The FBI proved what everyone in crypto suspected..
The volume is fake.. The charts are painted.. The momentum is manufactured..
And every time you buy a token because "the chart looks bullish".. You might be the exit liquidity.
โจโฉVice President @nicustefanuta, in the European Parliament you had the audacity to lecture Hungarians, urging them to vote against us. Before doing so, perhaps you should take a look around Europe. Across the continent there are austerity measures, layoffs, and factory closures. Meanwhile, in Hungary, we have ensured work opportunities for everyone who wants to work, introduced lifetime income tax exemption for mothers with two or more children, raised the minimum wage by another 11%, introduced a fixed 3% home loan for young people, and expanded family support. This is all possible because we keep our money in Hungary instead of throwing it at Ukraine. Thatโs the difference between Brusselian politics and Hungarian priorities: we put our people first!
As a sign of my goodwill I refrained from making any comments on the state of the Romanian economy.
Almost 15 years ago I had a $13.5M acquisition offer for my company.
My VC partner blocked the sale. Then diluted me. Then fired me as CEO.
I lost the company I built for 7 years. But I learned something that saved me every time after.
It's called the "You Cut, I Choose" protocol.
It comes from game theory. If two kids are fighting over an apple, ask one to cut it in half and let the other choose their piece.
The result is envy-free. The cutter has no reason to cut unfairly because the chooser picks first. The chooser has no reason to complain because they picked the piece they wanted.
Applied to startups: if you and your cofounder need to part ways, one person sets the valuation and the other decides whether to buy or sell at that price.
It's brilliant because it forces honesty. If you set the price too low, the other person buys your shares cheap. Set it too high, and you're stuck buying theirs at a premium.
This protocol reveals character instantly. Fair people accept it without hesitation. Unfair people refuse it because it takes away their ability to manipulate the outcome.
The VC who fired me refused the protocol. They kept everything.
15 years later, those assets still exist, nearly identical to the way I left them. Probably worth close to nothing. They won the power struggle but lost the value. Total lose-lose.
A fair split could have made everyone happy. Instead, nobody won.
I've used this principle multiple times since. Any time you need to divide something between two parties and trust is low, this is the cleanest framework I've found.
Wrote about it long time ago here: https://t.co/ksFwV4DBa0
If you're a founder going through a split, a restructure, or any situation where fairness matters more than leverage, try this. It won't always be accepted. But whether it's accepted or refused tells you everything you need to know.
something we wanted to build as frog lovers:
https://t.co/KlKPL1G4qH
basically the site tracks total frog dominance over dogs, all coins tracked automatically via coingecko - filtered out some coins manually, will add some coins manually later
stuff like smol pep is still missing - for example
also if you know any other frogs that should be here and are not, please dm / reply
this site encourages frogs being in it together against the giga diluted army of overpriced dogs
๐ธ > ๐ถ
A man from Romania heard Zohran Mamdaniโs inauguration speech in New York City and has a warning for America
He says Zohran Mamdani used the EXACT SAME words they heard before socialism crushed their country
โWe will replace the fragility of rugged individualism with the warmth of collectivism. Famous words spoken by every communist in history.
Hi, my name is Bogdan and this is exactly how communism came to power in my country, Romania, via collectivism.
First, they confiscated private land. Then they used terror to enforce collectivism.
The regular Romanian citizens were arrested, beat up, humiliated publicly, left to rot in prison, and some even executed.
The next step for collectivism was destroying the independent farmer class.
These people were a threat to the regime because they were able to stay self-sufficient and did not rely on the state. Independence was, and still is, the biggest threat to communism. They made it in such a way that owning more than others was a crime.
Once all that happened, the communists started confiscating the food from farmers, leaving families to die.
They also confiscated the livestock raised by people. This resulted in famine, malnutrition, and the collapse of productivity.
Romania literally went from being the number one exporter of grain in Europe to chronic shortages of food. But that wasn't enough.
The communists then banned free market. No free sale of crops, no private trades, no bargaining, classic socialist failure. But collectivism wasn't just economic. It was cultural as well. In Romania, they attacked the church and religious people.
They replaced family authority with party authority, all with one goal in mind: replace faith and family with the state.
15 years later, the communists declared victory. 90% of all farmland in Romania was collectivized. Bottom line, Romanian collectivism was forced, violent, economically disastrous, morally corrupt, and designed to control, not help.
Only for today in the United States of America to be in New York City. I swear to God, some Americans are the dumbest morons on the planet.โ