NFTs...WTF?
What is an NFT, and why are they so ripe for fraud? Will the blockchain help prevent fraud in the future? Learn something, or maybe don’t, but either way keep your stinkin' paws off of my damn dirty Bored Ape!
Oh My Fraud · Caleb Newquist
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Show Notes
SPONSORS
Avalara https://ohmyfraud.promo/avalara
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Questions? Need help? Email [email protected].
REFERENCES
- NFTs, explained [The Verge]
- Bored Ape Yacht Club NFT theft shows the ease of hacking crypto [Protocol]
- Non-fungible tokens [Ethereum]
- Beeple’s Opus [Christie’s]
- Icebreakers With...Bloomberg Columnist Matt Levine [Morning Brew]
- Bored Ape Yacht Club: What you need to know about the NFT collection [CNET]
- NFT hack sees collector lose $2.2 million of ‘Bored Ape’ pictures [Independent UK]
- Man Upset That Hackers Stole His Bored Ape NFTs [Vice]
- Fake Banksy NFT sold through artist's website for £244k [BBC]
- Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed. [Vice]
- Booming NFT art market plagued by 'mind-blowing' fraud [Thomson Reuters]
- DeFi ‘Rug Pull’ Scams Pulled In $2.8B This Year: Chainalysis [CoinDesk]
- How NFTs became a $40bn market in 2021 [FT]
A WORD FROM OUR SPONSOR
Thank you to our sponsor, Avalara. Avalara’s award-winning tax automation solutions help accounting practitioners and businesses of all sizes simplify sales tax compliance and with real-time rates, automated returns filing, and more.
In October 2021 IDC MarketScape named Avalara a Leader in tax automation in three categories (small and midsize business, enterprise, and VAT). If you’re considering tax automation, check out the independent IDC evaluations at http://OMF.show/avalara
Learn more about Avalara for Accountants and you’ll get a free gift: meet with an expert to explore how Avalara can help your accounting practice grow, and you’ll receive a $50 gift card. Contact Avalara at [email protected], and mention the code “Fraud”
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Questions? Need help? Email [email protected].
CONNECT WITH THE HOSTS
Greg Kyte, CPA
Twitter: https://twitter.com/gregkyte
LinkedIn: https://www.linkedin.com/in/gregkyte/
Caleb Newquist
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/