4 ms·
The key players in NFTs are nearly all the same wash trader cartels who perfected this scam when it appeared in its 2014-2017 incarnation, as the ICO craze. Sa
by ChainOfFools 4y ago
The key players in NFTs are nearly all the same wash trader cartels who perfected this scam when it appeared in its 2014-2017 incarnation, as the ICO craze.
Same exact pseudo-anonymity obscured circular transaction mechanics (pump your shit token price under the low volume radar by selling over and over between your 5 or 10 sock puppet alt accounts, then blast soc media to lure the clueless FOMO money) except the old 3 or 4 letter ICO ticker symbol identifier is merely a longer sequence of characters: a URL pointing to a jpeg.
- dropnerd 4y agoif they're all wash sales, how did i sell 180 eth worth? they would ignore my listings, yes?