Mysterious $1.6 Million CrypToadz NFT Sale Raises Money Laundering Concerns

CrypToadz NFT sells for $1.6 million in Ethereum, far above market rate.

Buyer's wallet funded by another wallet that got ETH from Tornado Cash mixer.

Tornado Cash obscures crypto transaction flows, banned in US as money laundering tool.

Purchase may be wash trading or money laundering using NFTs to further obscure funds.

But Tornado Cash use doesn't necessarily mean illegal intent; privacy advocates support it.