Art has long been identified, even romanticized, as an ideal way to launder money. There’s a thread of logic here: the art world accommodates anonymous, high-dollar buyers and the industry allows…
Art market
On the topic of selling art, one might immediately think of vast museums, prestigious galleries, and established fairs with only the finest paintings at extraordinary prices. Although these venues…
Although Sotheby’s sale of Sandro Botticelli’s The Man of Sorrows was proceeded by considerable hype and still managed to close with an impressive bid, the sale was not as grand, nor the painting as…
Even if you can’t hold it in your hands, it is still art—at least, that appears to be the consensus as of mid-2021, when the NFT art market has mushroomed by more than 800 percent—or $429 million—…
Rally will offer 80,000 shares of a rare copy of the Declaration of Independence to the general public this month. Each share will be worth twenty-five dollars, making the initial offering two…
Google partnered with Baltimore-based artist Amani Lewis to celebrate Black entrepreneurship with an original piece featuring products made and sold by Black-owned businesses you can shop with.
During the last week of February 2021, Miami-based art collector Pablo Rodriguez-Fraile sold a ten-second video art piece for $6.6 million. Entitled Crossroads, the video was created by Beeple and…
The recently passed National Defense Authorization Act gives the U.S. Department of Treasury one year to create rules to hamper money laundering and financing of terror organizations through the…
