Wall Street Journal: NFTs Are Increasingly Targeted by Criminals, Report Says

Wall Street Journal: NFTs Are Increasingly Targeted by Criminals, Report Says. “Nonfungible tokens, or NFTs, are increasingly sought by criminals looking to either steal them or use them to launder illicit gains, a new report from blockchain analytics firm Elliptic said on Wednesday. More than $100 million worth of these blockchain-based assets were reported stolen in scams over the past year, according to the study. Over 4,600 NFTs were stolen in July, the most in any month since Elliptic began tracking the data in 2017, the report said.”

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