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A comment on SEC brought its first non-fungible token enforcement action. Parent comment

Re:SEC brought its first non-fungible token enforcement action by TacticalCoder on Monday August 28, 2023 @06:32PM (#37301227)
> NFT was just all fake volume... Sell an NFT to yourself for $1m, boom, you now own a $1m asset.

aka "wash trading" (which predates NFT and crypto):

https://en.wikipedia.org/wiki/Wash_trade

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