Most of big NFT trades are simply money laundering [*1] or just a way to find next big investor by creating a trading history.
[*1] You have 1 mln $ of dirty money stolen from exchange hack, rugpull or ICO exit scam? All you need to do is create a shitty picture, create NFT out of it using different ETH address and buy it using dirty money from first ETH address. Now you have clean money earned by selling NFT on 1 ETH address, you can pay tax from and spend. And NFT worth 1 mln $ (based on trade history) on other account.
So it does not surprise me at all that 1 trade was set up.
Topic: The $69m NFT buyer & seller were partners - page 3. (Read 325 times)
https://mailchi.mp/brianlivingston.com/034-2#free1
Who knew there was collusion at the OverPriced JPG market?
Who knew there was collusion at the OverPriced JPG market?
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