Einstein Visa Person:
Get this! The source of funds for the winning bid in Melania Trump’s first NFT auction apparently came from Melania's own wallet. Blockchain transactions show the cryptocurrency used came from a wallet that belongs to the same entity that originally listed the project for sale.
This process, known as wash trading, allows someone to simultaneously buy and sell the same asset and — in some cases — artificially raise its price. Wash trading is prohibited in conventional securities and futures, but NFTs (like Melania’s) are traded in an unregulated market.
#quote by Jon #Cooper
https://twitter.com/joncoopertweets/status/1494291633755590658
#NFT #melania #money #laundering
Get this! The source of funds for the winning bid in Melania Trump’s first NFT auction apparently came from Melania's own wallet. Blockchain transactions show the cryptocurrency used came from a wallet that belongs to the same entity that originally listed the project for sale.
— Jon Cooper (@joncoopertweets) February 17, 2022
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