“I never thought I’d say ‘$5 million for a banana’,” auctioneer Oliver Barker quipped as the bidding approached its climax. The banana displayed at Sotheby’s was reportedly purchased for 35c earlier that day.
“I never thought I’d say ‘$5 million for a banana’,” auctioneer Oliver Barker quipped as the bidding approached its climax. The banana displayed at Sotheby’s was reportedly purchased for 35c earlier that day.
A fool and his money…
…are soon laundered.
Please explain, how is this used to launder money?
https://www.cnn.com/2020/07/29/business/art-money-laundering-sanctions-senate/index.html
https://www.artandobject.com/news/how-money-laundering-works-art-world
In the US, the average laundromat has an annual turnover of $142,000. Not nearly $5 million.
Well, it does say that the buyer is a “crypto entrepreneur”.