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1.
Alternate spelling of "Feds" in what is known as 'l33t' or leet slang internet langage.

Additionallty known as 'Elite F3dz' an online gaming group.
f3dz w3r3 411 0v3r t3h h4x0r
translation: feds were all over the hacker
by loser July 26, 2004