3 ms·
Sure - easy. 1. Find a rich person with money that needs laundering (this is the hardest step) 2. Sell the "bunglemudgeons" (could just be a .txt doc that con
by umvi 6y ago
Sure - easy.
1. Find a rich person with money that needs laundering (this is the hardest step)
2. Sell the "bunglemudgeons" (could just be a .txt doc that contains the phrase "100k bunglemudgeons") to the rich person in the form of an NFT for $10M
3. 100k Bunglemudgeons are now worth at least $10M
4. Rich person can now re-sell it to an alias of himself (or a rich friend) for an even greater amount to launder his dirty money
- sneak 6y agoThat's not how money laundering works.
- umvi 6y agoHow do people launder money with NFTs then?
- sneak 6y agoThey buy them from themselves, not by sending millions to some random stranger, never to be recovered.
- umvi 6y agoTrue, so I guess step 0 is: 0. Be rich and have money you need to launder 1. Invent "bunglemudgeons" as a way to launder your money
- sabhiram 6y agoIt's more about tax evasion than anything else.