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It's called wash trading and for securities, it is illegal. I dont think the Nyan Cat NFT is a security. Its more like a commodity. And yes, wash trading and mo
by eljee 6y ago
It's called wash trading and for securities, it is illegal. I dont think the Nyan Cat NFT is a security. Its more like a commodity. And yes, wash trading and money laundering via art is an age-old practice.
- xur17 6y agoMy point was that the Nyan Cat NFT likely isn't a security, and hence wash trading might not be illegal.