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Experts warn NFTs used for money laundering and wash trading

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Heorhii Aryshtevych / Getty Images((Heorhii Aryshtevych / Getty Images))

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, like wash trading, money laundering, and ransomware, according to visiting experts Professor Colin King and Dr Saskia Hufnagel.

Guest: Dr Saskia Hufnagel, Reader in Criminal Law at the Queen Mary University of London
Professor Colin King, the Founding Director of the Centre for Financial Law, Regulation & Compliance at the University of London
Geoffrey Huntley, software engineer

Producer:

Sarah Dingle

Broadcast 
Business, Economics and Finance, Internet
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