The year 2024 brought a variety of strange and sometimes astonishing events in the world of cryptocurrencies. From FBI-created trap tokens to bizarre memecoin incidents, this article discusses the most remarkable stories.
The FBI Creates a Fake Cryptocurrency
In May, the United States Federal Bureau of Investigation created a fake token to catch fraudsters manipulating cryptocurrency markets. The token, NexFundAI (NEXF), served as bait for scammers involved in pump-and-dump schemes. This operation led to the apprehension of 18 individuals.
TruthOrDare Madness: Developer Sets Himself Ablaze
In May, a memecoin developer known as Mikol conducted a live stream during which he was doused with isopropyl alcohol and set alight with fireworks. This resulted in severe third-degree burns and significant medical expenses. The incident captured the attention of traders and increased the market cap of the DARE token.
13-Year-Old's Rug Pull Trick: Traders Have the Last Laugh
A 13-year-old creator of the Gen Z Quant memecoin sold all his tokens during a livestream, causing a decline in their value. However, other traders quickly revived the token's price and profited from the surge. The young creator was left with a relatively small amount.
The year 2024 was marked by incredible and controversial stories in the world of cryptocurrencies. From federal agency actions to whimsical memecoin episodes, the crypto world continues to amaze with its narratives.