Blog: NFT Boom: What Are the Regulatory and Enforcement Risks? – Law.com

The market for non-fungible tokens—known as NFTs—has soared in recent years, expanding to a multi-billion dollar market that’s generated countless get-rich-quick schemes and exclusive celebrity giveaways.

But with that growth comes risk. Lawyers who work with NFTs described a series of regulatory, enforcement and compliance risks associated with the burgeoning market, including consumer fraud, cybersecurity, money laundering and sanctions violations.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s