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Money Laundering Through NFT 'Wash Trading' Small But on the Rise, Claims Chainalysis

Money laundering through the buying and selling of NFTs is a small but growing sector of criminal activity, as per a study by blockchain analytics firm Chainalysis. But there may not be a reason to hit panic stations just yet as most wash trading activity can be tracked because of NFTs’ "non-fungible" nature.
Kim Grauer Crime Report Wrapped Ether Nft Wash Trading Money Laundering Chainalysis Report Cryptocurrency Non Fungible Token Wash Trading
Source: ndtv.com

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