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sabreW4K3 ( sabreW4K3@lazysoci.al )  to Technology · 2 years ago

FBI created a crypto token so it could watch it being abused • The Register

www.theregister.com

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FBI created a crypto token so it could watch it being abused • The Register

www.theregister.com

sabreW4K3 ( sabreW4K3@lazysoci.al )  to Technology · 2 years ago
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FBI created a crypto token so it could watch it being abused
www.theregister.com
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It worked – alleged pump and dump schemers arrested in UK, US and Portugal this week
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  • jonne ( jonne@infosec.pub ) 
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    2 years ago

    Creating a whole new chain seems unnecessary since chains are just public ledgers anyway. It’s always been trivial to trace trades with most currencies.

    • CosmicTurtle0 [he/him] ( CosmicTurtle0@lemmy.dbzer0.com ) 
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      2 years ago

      They probably wanted a completely virgin chain, one they had complete control over (socially anyway) so that they could see how it’s used and most importantly where the users come from.

      • The Doctor ( drwho@beehaw.org ) 
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        2 years ago

        And study the techniques used for currency manipulation, fraud, and so forth.

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