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A Comprehensive Guide to Wash Trading and Money Laundering in NFTs

Summary by Platinum Crypto Academy
-> The rise of Non-Fungible Tokens (NFTs) has transformed the way we perceive digital ownership, allowing artists, collectors, and investors to buy and sell unique assets on blockchain-based marketplaces. However, with any emerging financial technology, there are risks associated with fraudulent activities. Two of the most prevalent illicit practices in the NFT space are wash trading and money laundering. These activities not only undermine the …
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Platinum Crypto AcademyPlatinum Crypto Academy

A Comprehensive Guide to Wash Trading and Money Laundering in NFTs

-> The rise of Non-Fungible Tokens (NFTs) has transformed the way we perceive digital ownership, allowing artists, collectors, and investors to buy and sell unique assets on blockchain-based marketplaces. However, with any emerging financial technology, there are risks associated with fraudulent activities. Two of the most prevalent illicit practices in the NFT space are wash trading and money laundering. These activities not only undermine the …

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Platinum Crypto Academy broke the news in on Tuesday, March 11, 2025.
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