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US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams

US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams

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Source: Bitcoin.com

US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and ScamsA risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source of funds.” NFTs Likely to be Used in Fraud and Scams […]

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Author: Terence Zimwara