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How Are NFTs Used for Wash Trading & Money Laundering?
NFTs are controversial for so many reasons. Their links to money laundering are just another problem, but it’s the same as regular art, no? Non-fungible tokens (NFTs) are a frequent fixture in the headlines. One day, someone is making millions selling “digital art” as an NFT. The next, a would-be NFT start-up has rug-pulled its investors, stealing all of their money. There is little doubt about it: NFTs are controversial. One thing levied at NFTs is their role in money