Wash Trading (incl. NFTs)
concept
Core idea
Repeatedly buys and sells the same asset, often via linked wallets, to fabricate trading volume or dress illicit proceeds up as legitimate trading gains.
When to use
A small, closed set of wallets trading the same asset back and forth with no net economic change.
Example
Two linked wallets trade the same NFT at rising prices to manufacture a legitimate-looking capital gain.
Related
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