Understanding NFT Frauds: Recent NFT Frauds Recent instances of NFT fraud have come to light, the latest being the Banksy scam, where fake Banksy NFTs were listed on OpenSea and were sold for nearly $350,000.…
What is OpenSea? Like GameStop, OpenSea is an NFT marketplace where users can buy, sell, trade, and even create NFTs. With a daily trading volume of around 6 million US Dollars and more than 2.4…