NFTs Sees Increase in Manipulative Trading Practices: Chainalysis
Non-fungible tokens (NFT) have witnessed a rise in malpractices as the sector turns increasingly volatile, blockchain analytics platform Chainalysis reported. The platform published a report that said NFTs have seen a growing number of cases in exaggerated prices, liquidity and money laundering, especially through wash trading. The report added that wash trading and money laundering have occurred through questionable flows running […]
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