I'd rather launder money through physical art, at least I can put that on my wall in the interim and don't have to first find means to convert my illegally acquired cash into a digital currency.
The problem with laundering money through physical art is that it's getting more tightly regulated... in fact that happened around about the same time as NFTs started to get big.
The purchase is legitimate! My left hand really bought the NFT from my right hand!
They're worth a lot if you're laundering money
I'd rather launder money through physical art, at least I can put that on my wall in the interim and don't have to first find means to convert my illegally acquired cash into a digital currency.
The problem with laundering money through physical art is that it's getting more tightly regulated... in fact that happened around about the same time as NFTs started to get big.
The purchase is legitimate! My left hand really bought the NFT from my right hand!