Non-Fungible Tokens (NFTs): Art or Asset? Criminogenic Accelerants of Financial Crime and Money Laundering in Digital Markets
Published online on May 14, 2026
Abstract
Crime & Delinquency, Ahead of Print.
By blurring the boundary between art and financial assets, non-fungible tokens (NFTs) have created regulatory ambiguity and criminogenic vulnerabilities in digital markets. The article applies the Howey Test to an original dataset of NFT-related cases ...
By blurring the boundary between art and financial assets, non-fungible tokens (NFTs) have created regulatory ambiguity and criminogenic vulnerabilities in digital markets. The article applies the Howey Test to an original dataset of NFT-related cases ...