TheBitCast

The NFT Wash Trading Machine

Podcast: The Fraud Archive Dialogues · The Archive Network

Opublikowano: 2026-10-12

A chart moves. A price ticks upward. But what if that demand you’re seeing isn’t real—just a handful of wallets trading with themselves, manufacturing momentum out of thin air?In the NFT boom, the truth was often far stranger than the chart suggested. In two thousand twenty-one, NFTs exploded onto screens everywhere, promising digital ownership, generational wealth, and a revolution in how value flowed online. But behind the headlines and celebrity endorsements, the market’s foundations were built for speed, not scrutiny. The token standard that made NFTs possible—the one called ERC-seven-twenty-one on Ethereum—let anyone mint a uniqu...