U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'

  • August 18, 2024
  • Category: Blockchain
U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
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U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'

U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
“The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes,” the Treasury said.

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