What is NFT Fraud: Could it Be A Menace Of The Metaverse?
Due to the lack of KYC checks on certain sites and low governmental safeguards, scammers can experiment with novel tactics and, to some degree, experience non-dangerous attempts to swindle both firms and customers. The cost of cryptocurrency trade fraud set a new record of $7.8 billion by 2022, but with the continual risk of hacking, the various metaverses are surely in danger.