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Traders are selling themselves their own NFTs to drive up prices Traders are selling themselves their own NFTs to drive up prices
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Traders are selling themselves their own NFTs to drive up prices
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Old 7th February 2022, 08:30   #1
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Default Traders are selling themselves their own NFTs to drive up prices

The NFT marketplace is rife with people buying their own NFTs in order to drive up prices, according to a report released this week by blockchain data firm Chainalysis. Known as “wash trading”, the act of buying and selling a security in order to fool the market was once commonplace on Wall Street, and has been illegal for nearly a century. But the vast, unregulated NFT marketplace has shown to be a golden opportunity for scammers.

https://www.engadget.com/nft-wash-tr...5.html?src=rss
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