Experts warn NFTs used for money laundering and wash trading
Dr Saskia Hufnagel appeared on Australia's ABC Radio National Breakfast Show discussing her research on Financial Crime and Non-Fungible Tokens.
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NFTs or non-fungible tokens have variously been described as code, the saviour of the art world, or a complete scam. There are also huge concerns they're being used to commit financial crime. Dr Saskia Hufnagel, Reader in Law at Queen Mary University of London, was one of the experts who spoke to Australia's ABC Radio National Breakfast Show about the NFT phenomena.
More information:
- Dr Hufnagel is a Co-Director of Queen Mary's Criminal Justice Centre.