CandleFocus FBI's token sting operation faces copyright controversy over MIT license misuse
2024-10-10
Author: Content Editor
The US Federal Bureau of Investigations (FBI) has created a crypto token called NexFundAI to catch individuals accused of manipulating crypto markets. However, concerns have been raised about potential copyright violations and the unintentional exposure of FBI-controlled wallets associated with the token. ZM Quant, a market maker hired to support trading for NexFundAI, was accused of artificially inflating the token's price. On-chain investigators also flagged potential copyright violations in the FBI's smart contracts for NexFundAI, claiming that the FBI had copied OpenZeppelin libraries without adhering to the MIT License requirements. Additionally, the FBI's wallets associated with the token were inadvertently exposed, impacting other investigations.
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