The role of Non-Fungible Tokens (NFTs) in facilitating cybercrime

This blog explains the rise and legitimate use-cases for NFTs while detailing associated cybercrime risks — including money laundering and VAT fraud, wash trading to inflate values, rug-pull scams, and social-engineering attacks (phishing delivering malware and credential harvesting) — and recommends stronger KYC, marketplace controls, and user guidance to reduce abuse.