Hacker News new | ask | show | jobs
by qqii 1929 days ago
Art NFTs are a great way to launder money, but they're not unique in that aspect. There are plenty of ways to launder money with smart contacts and art NFTs aren't special.

Not all NFTs are art NFTs either, it is becuase it is art and has "intangible value" that gives sales plausible deniability. Trading card NFTs, in game item NFTs and other NFTs that have tangible value don't suffer the same issue.