
NFTs—or non-fungible tokens for the uninitiated—can often resemble a Russian doll of scams.
Think of the wild price fluctuations of NFTs and the fly-by-night character of many "drops." Then consider the outside role played by halfwit celebrities and paid-to-pay “influencers,” as well as that of outright scammers trying to trick people into clicking NFT-related phishing links—and you have, well, something like scams within scams.