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What’s the advantage of NFTs over other crypto for money laundering?
by fshbbdssbbgdd 5y ago
What’s the advantage of NFTs over other crypto for money laundering?
- ElViajero 5y ago> What’s the advantage of NFTs over other crypto for money laundering? Just a guess, you control the value of the asset. If 1 Bitcoin is $30,000 and I sell it to you for $300,000 that may raise many questions. If you buy the NFT for my art for $30,000 and then it sells in an auction for $300,000 , it is easier to justify that it just has appreciated with time. The world of art is full of this appreciations, many times for money laundering and tax evasion reasons, thou.