Non-fungible tokens (NFTs) are perhaps best known as a way to assign digital “ownership” to pictures of cartoon monkeys. But a new report from Elliptic claims that NFT-based platforms are being used to launder millions of dollars of illicit funds.
Join Prof Mark Button and Dr Branislav Hock, authors of the newly published book: ‘Economic Crime: From Conception to Response’ for a discussion and a reflection on the most important problems associated with economic crime.
Any sufficiently new technology can seem like magic to the uninitiated, and it can become easy to assume that its abuse by criminals is equally magical and just as perplexing. It can also become a natural next step to assume that there is a particular type of ‘crime’ inherent to the new technology in question.
Prosecutors in Denmark have dropped charges against the former chief executive of Danske Bank and two other senior executives as part of their investigation into the bank’s Estonian branch money laundering scandal.