NFTs, or non-fungible tokens, have captured the attention (and wallets) of consumers and wallets around the world. The rapid growth in popularity has opened a brand-new avenue for hackers. NFT platforms can also be spoofed by malicious actors to steal users’ credentials and/or implant malware. The Department of Justice and the Financial Crimes Enforcement Network have been working to reduce fraudulent activity in decentralized exchanges. There are legal loopholes that exist in the industry that will allow some to operate with impunity in certain scenarios.
Source: https://www.helpnetsecurity.com/2021/05/06/are-nfts-safe/