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How are NFTs used for Wash Trading and
Money Laundering?
NFTs are controversial for several reasons. Their
connection to money laundering is just another problem,
but it's like regular art, no?
Non-fungible tokens (NFTs) often make headlines. One
day, someone is making millions by selling "digital art" in
the form of NFTs. Next, a potential NFT start-up has lured
its investors, stealing all their money.
There's no doubt about it: NFTs are controversial.
One thing that can be imposed on NFTs is their role in
money laundering. NFTs make it easier than ever to
launder money from a criminal enterprise, helping
criminal organizations around the world clean up their
wrongfully earned profits.
So, how are NFTs used for money laundering?
Read More:
https://cryptowelove.blogspot.com/2022/01/how-nfts-
used-wash-trading-money-laundering.html

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How are nf ts used for wash trading and money laundering

  • 1. How are NFTs used for Wash Trading and Money Laundering? NFTs are controversial for several reasons. Their connection to money laundering is just another problem, but it's like regular art, no? Non-fungible tokens (NFTs) often make headlines. One day, someone is making millions by selling "digital art" in
  • 2. the form of NFTs. Next, a potential NFT start-up has lured its investors, stealing all their money. There's no doubt about it: NFTs are controversial. One thing that can be imposed on NFTs is their role in money laundering. NFTs make it easier than ever to launder money from a criminal enterprise, helping criminal organizations around the world clean up their wrongfully earned profits. So, how are NFTs used for money laundering? Read More: https://cryptowelove.blogspot.com/2022/01/how-nfts- used-wash-trading-money-laundering.html