NFT marketplace Cent temporarily halts most trading due to 'widespread fraud'

Cent's logo. Cent, a non-fungible token (NFT) marketplace known for selling an NFT of the first tweet from former Twitter CEO Jack Dorsey for the equivalent of $2.9 million USD, has announced it is halting most of its transactions on account of 'widespread fraud.' This is an issue that also plagues the leading NFT marketplace, OpenSea, currently valued at $13.3 billion, who recently revealed that at least 80% of the items traded on its platform are either plagiarized or fake. Cent's CEO and co-f...