Fake Banksy NFT sells for £244,000. Let’s talk about NFT vulnerabilities.

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From punks to pills and everything in between, NFTs have exploded in the world of crypto so is it time that we spoke about intellectual property?
September 6, 2021 at 11:00 pm UTC · 3 min read

In an elaborate hoax this week, NFT collector Panksy ended up buying a fake Banksy NFT for £244,000, which would be considered a bargain in the world of NFTs these days.
Although nearly all of the money was returned to the buyer, this incident alone highlights some of the ways NFTs are exposed to security threats.
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