What are wash trading and money laundering in NFTs?
Wash trading and money laundering distort NFT markets, creating fake demand and facilitating illicit activities.
Wash trading and money laundering in NFTs are fraudulent activities that manipulate market prices and facilitate illegal financial transactions in the digital art world.
As non-fungible tokens (NFTs) continue to shape the digital landscape, offering creators new ways to monetize their work, they have also drawn attention from those with malicious intentions.
