Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs

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ChainalysisChainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price of the NFTs to sell them at a higher price later. However, this […]

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