4 ms·

I don’t believe him. It sounds to me like he played the usual scheme, having people pay for his NFTs to inflate their value- while sending the funds back.

• davidguetta 4y ago
  Why would you assume this ?
  • elil17 4y ago
    Even though he says he’s obtained documents stating what he was accused of, he doesn’t say what that is.
• scotty79 4y ago
  It's not money laundering and I don't think it breaks any laws.
  • fragmede 4y ago
    That's called Wash trading, and there are Wash-Sale rules in effect.
    • scotty79 4y ago
      Doesn't it regulate only securities trades?
• uoaei 4y ago
  > the usual scheme That's the thing about scams. You don't have to listen to a word of anybody's rationalizations about these kinds of things. You just look at the money flows. If it banks like a scam, it's a scam, end of story.
• doopy1 4y ago
  How did he pay millions in taxes with money he sent back?
• iskander 4y ago
  ...how did he end up with 8.7M EUR if he sent this money back?
• bdr 4y ago
  This isn't true, and also makes no sense. (How would he have paid taxes? What money would the police have seized?) Speaking from first-hand experience, there's a significant community of collectors who like and will buy Shvembldr's work.
  • witheld 4y ago
    The money from the purchases after the value is inflated.