Dapper Labs Taps Chainalysis to Fight NFT Money Laundering

The creator of NBA Top Shot and CryptoKitties is working on a solution to detect and prevent NFT money laundering and market manipulation. Read the full article by: Eli Tan

Key Points:

• Dapper Labs is furthering its push to be the top blockchain NFT developer as they have now taken the step to add a security and regulatory measure.

• The partnership with Chainalysis will help them track transactions to find and prevent NFT money laundering and market manipulation.

• “We’re thrilled to partner with Chainalysis to keep potential bad actors off our platform, combat money laundering, and at the same time, stay on top of the quickly-evolving local and global regulatory and compliance space.” Naeem Bawla Associate Director of Compliance at Dapper Labs said.