The interest in NFTs has surged to record highs last year. The total sales of suck tokens topped the $40 billion mark in 2021 with assets sold for as high as $60 million. However, the market is still in its infancy and is still prone to scams and thefts.
David Carlisle, head of policy and regulatory affairs at crypto compliance firm Elliptic, said the NFT seizure shows that criminals “can’t hide in the world of crypto.”
“Enforcement agencies are able to track and trace criminals’ transactions, and seize NFTs and cryptoassets used in illicit activity, robbing criminals of their profits,” he said in an emailed comment Monday.
