The market for non-fungible tokens—known as NFTs—has soared in recent years, expanding to a multibillion-dollar market that’s generated countless get-rich-quick schemes and exclusive celebrity giveaways.

But with that growth comes risk. Lawyers who work with NFTs described a series of regulatory, enforcement and compliance risks associated with the burgeoning market, including consumer fraud, cybersecurity, money laundering and sanctions violations.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]