TechFlow reports that on October 10, Lookonchain monitoring revealed the U.S. Federal Bureau of Investigation (FBI) created a token and company named "NexFundAI" on Ethereum to identify and combat suspected fraudsters.
On-chain data shows that a wallet which previously earned over $11 million by manipulating SAITAMA transferred 0.01 ETH to the deployment address of NexFundAI. This wallet initially spent only $7,357 to purchase 875.8 trillion SAITAMA tokens, later selling 687.66 trillion for $8.85 million, and depositing 737 trillion SAITAMA (worth $2.75 million) into CEX exchanges. During this period, the manipulator also repurchased SAITAMA tokens for just $253,000. Through the manipulation of SAITAMA, this wallet profited over $11 million.
