“The way they marketed it paints a different picture,” said Tony Dhanjal, the head of tax at Koinly, a company that helps track and report crypto taxes. “When you look at it empirically, that did not look like 3,000 people – rather, no more than 1,000. Perhaps, the lack of attendance was reflected in the fact we are in a bear market.”
U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said. Source link