# NFTs and Money Laundering / - Funds Shifting (ML-FS)

**URL:** <https://boards.straightdope.com/t/nfts-and-money-laundering-funds-shifting-ml-fs/959311>\
**Category:** In My Humble Opinion\
**Created:** [February 11, 2022, 12:32pm UTC](https://boards.straightdope.com/t/nfts-and-money-laundering-funds-shifting-ml-fs/959311 "2022-02-11T12:32:41Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Al128](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/al128/32/16541_2.png) [@Al128](https://boards.straightdope.com/u/Al128)\
**Post date:** [February 11, 2022, 12:32pm UTC](https://boards.straightdope.com/t/nfts-and-money-laundering-funds-shifting-ml-fs/959311/1 "2022-02-11T12:32:41Z")

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Given that you - basically receive nothing (tangible) in return for your money transfer - isn’t that a great potential ML-FS-highway to form?

I sell _cute-as-a-button-golden-retriever-pups-photo NFTs_ for $500 / $5.000 /$50k each … and we can close the italian restaurant front for good … =\> that kind of thing

Is/will this become a thing? … thoughts?

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**Author:** ![Munch](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/munch/32/5281_2.png) [@Munch](https://boards.straightdope.com/u/Munch)\
**Post date:** [February 11, 2022, 4:01pm UTC](https://boards.straightdope.com/t/nfts-and-money-laundering-funds-shifting-ml-fs/959311/2 "2022-02-11T16:01:03Z")

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A lot of discussion on that topic was in this thread from last week:

> [@What is an NFT?](https://boards.straightdope.com/t/what-is-an-nft/958801):
>
> Please explain it like I’m 5. I think it’s some kind of digital ownership of an image, but I don’t get what sets it apart from a copyright. Apparently someone recently paid $475,000 for the NFT of this [MEME](https://www.google.com/search?q=meme+girl+in+front+of+burning+house&rlz=1C1CHBF_enUS878US878&sxsrf=APq-WBswvAU7ZZEWKGizd1GBjCB9ReqSxA:1643815750276&tbm=isch&source=iu&ictx=1&vet=1&fir=51WXympwKtoxNM%252Cd3XWJoh4xePtyM%252C_%253BeZW2R4EEvCDz9M%252CiJ8DSgin0UtTOM%252C_%253BTUNwWO4oH4HNsM%252CHdIdiAP_hc2HaM%252C_%253BY8ibeOESvH6k3M%252Cd3XWJoh4xePtyM%252C_%253BlPoNkdePKHFnlM%252CiJ8DSgin0UtTOM%252C_%253B8DpUrSWJ_1d_SM%252CiJ8DSgin0UtTOM%252C_&usg=AI4_-kRthBB_SK6eOxHrhEGBMjVRkVxwmg&sa=X&ved=2ahUKEwj61PvuquH1AhXAk4kEHTdsCAUQ9QF6BAgIEAE&biw=1920&bih=1007&dpr=1#imgrc=lPoNkdePKHFnlM). Why?

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**Author:** ![engineer\_comp\_geek](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/engineer_comp_geek/32/504_2.png) [@engineer\_comp\_geek](https://boards.straightdope.com/u/engineer_comp_geek)\
**Post date:** [February 12, 2022, 11:03am UTC](https://boards.straightdope.com/t/nfts-and-money-laundering-funds-shifting-ml-fs/959311/3 "2022-02-12T11:03:47Z")

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> [@Al128](#):
>
> Is/will this become a thing? … thoughts?

Since this is seeking opinions and speculation, let’s move this to IMHO (from FQ).