The Stormtrooper Scandal — the dark side of NFT art exposed

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Financial Times 1w ago

The Stormtrooper Scandal — the dark side of NFT art exposed - Financial Times

Quick Summary:

A new BBC documentary takes us back to the NFT gold rush of late 2021 to tell the story of an apparent scam that took the fun out of non-fungible and exposed the flimsiness of the fad.

And though the buyers acknowledge the obvious risks of engaging in a virtual, unregulated market, they say they feel misled by Moore.

The crypto assets known as non-fungible tokens were all the rage at the start of the decade, but they now seem like relics from a strange, distant time.