Cryptocurrency News

What are wash trading and money laundering in NFTs?

04/18/2022

Less than a minute

2022.04.18 03:46

What are wash trading and money laundering in NFTs?

Due diligence has become more difficult as investors have been forced to rely on measurable statistics, making wrong investment decisions. To encourage NFT investments and prevent NFT scams, discrepancies in the data must be investigated by specialists. Additionally, NFT crimes hit the NFT community the hardest. Regulators and proponents of mainstream financial services can now use wash trading to combat decentralization.

04/18/2022

Less than a minute

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