FBI tokens, AI tokens and crypto wash trades: Crypto lawyers weigh in

Did the FBI token infringe copyright rules? Who should be responsible for AI agents and their crypto activities? Crypto lawyers weigh in.

Each month, our panel of crypto lawyers looks at the legal implications of some of the thorniest problems facing the industry in different jurisdictions around the world.

United States authorities have recently charged 18 individuals with cryptocurrency market manipulation following a Federal Bureau of Investigation (FBI) sting operation, in which law agents created a token to lure market makers into illegal wash trading

The case has sparked debate on the application of traditional financial laws, such as anti-market manipulation rules, within the cryptocurrency industry. The case also raises potential copyright concerns, with allegations that the FBI may have improperly used open-source code for its token.

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