cross-posted from: https://lemmy.today/post/17506951
They are catching scams by running their own scam?
The FBI loooooves themselves some honeypots.
Why go catch criminals when you can set up some links/a token/whatever and they’ll come running to you and do the incriminating part themselves AND leave the logs of said activity in your possession?
Much simpler!
To add more detail to the other reply, it’s only entrapment if they coerce you into doing something you wouldn’t have otherwise done.
A cop comes up to you and goes ‘bro, lets go steal that car!’ would probably be entrapment.
Cops putting a car on a street waiting for someone to steal it wouldn’t be.
What laws are they prosecuting the users of this unregulated market under?
“The charges include market manipulation, conspiracy to commit money laundering, and wire fraud, which can lead to sentences of up to 20 years”
SEC also has a press release
Damnit, I was just about to create trump coin, too.
