The tokens created by the FBI's "sting operation" brought investigators about $14,500 in profit

2024-10-11 08:29:46
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ChainCatcher news, according to Decrypt, on-chain data shows that the FBI's token was created in late May, and the law enforcement agency apparently profited from the token before stopping trading 21 days ago.

When the NexF liquidity pool was created on the decentralized exchange Uniswap, the token's deployer provided approximately 5 ETH of liquidity, worth $12,000 at the time, along with 50 billion NexF. Months later, when 43 billion NexF were withdrawn from the pool, the wallet gained approximately 11 ETH of liquidity, worth $26,500, resulting in a profit of $14,500 for the token's deployer.

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