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

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.

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