Same news in other sources
1LithiumLITH #1350
11 Oct 2023, 22:36
π§΅π Let's delve into a curious case in the #NFT world. A user recently paid a mind-boggling $1.6 million for a CrypToadz NFT that was acquired two weeks prior for around $1,600. π°
π‘ This deal has sparked substantial debate & suspicion within the #Crypto community. Some speculate it could be a "fat finger mistake" while others bemoan the possibility of wash trading to launder funds. π΅οΈββοΈπΌπ #CryptoNews #Ethereum
β’ Intriguingly, the purchase was powered by a digital wallet involved in a chain of transactions, rendered anonymous by the Ethereum coin mixing service Tornado Cash. ππΈ #Blockchain
β’ Tornado Cash isn't new to controversies. It has allegedly been utilized for money laundering purposes and was sanctioned by the US OFAC in 2023. Still, it continues to function.
β’ Among its users are the scandalous thieves who stole $60 million in Ether from AnubisDAO two years earlier. Could this $1.6M NFT deal be another example of crypto-scammers exploiting the system? π§β οΈ
πGet more information through the link below β¬οΈ
Let's delve into a curious case in the #NFT world. A user recently paid a mind-boggling $1.
π§΅π Let's delve into a curious case in the #NFT world. A user recently paid a mind-boggling $1.6 million for a CrypToadz NFT that was acquired two weeks prior for around $1,600. π°
https://x.com/punk9059/status/1711439263114682603?s=46&t=movKhRgat_tk2Qi4HpfwKA
π‘ This deal has sparked substantial debate & suspicion within the #Crypto community. Some speculate it could be a "fat finger mistake" while others bemoan the possibility of wash trading to launder funds. π΅οΈββοΈπΌπ #CryptoNews #Ethereum
β’ Intriguingly, the purchase was powered by a digital wallet involved in a chain of transactions, rendered anonymous by the Ethereum coin mixing service Tornado Cash. ππΈ #Blockchain
β’ Tornado Cash isn't new to controversies. It has allegedly been utilized for money laundering purposes and was sanctioned by the US OFAC in 2023. Still, it continues to function.
β’ Among its users are the scandalous thieves who stole $60 million in Ether from AnubisDAO two years earlier. Could this $1.6M NFT deal be another example of crypto-scammers exploiting the system? π§β οΈ
πGet more information through the link below β¬οΈ
https://x.com/lithiumfinance/status/1712146448668832088?s=46&t=movKhRgat_tk2Qi4HpfwKA