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Re:NFTs Are a Pyramid Scheme and People Are Already Losing M... by CryptoPunk on Saturday March 27, 2021 @05:56AM (#26601194)
NFTs aren't money, by definition (they are literally called non-fungible tokens, and money, by definition, is fungible). From a financial perspective, buying/selling them is no different than buying/selling traditional art work, and thankfully there are no AML/surveillance law requirements to report these types of transactions to the government.

So sorry, there will be no warrantless mass-surveillance/KYC of NFT transactions that unmasks the parties to the transactions.

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