US Government To Auction Works By Jean-Michel Basquiat, Pablo Picasso and Diane Arbus Purchased With Funds from 1MDB Scandal
The artworks by Jean-Michel Basquiat, Pablo Picasso and Diane Arbus were surrendered by actor Leonardo DiCaprio and producer Christopher McFarland.
For ARTnews, I looked into the four artworks by Pablo Picasso, Jean-Michel Basquiat and Diane Arbus now being auctioned online by the US government with connections to the 1MDB scandal. Three were gifted to Leonardo DiCaprio by Jho Low and one was forfeited by a producer of THE WOLF OF WALL STREET.
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News - Newly Deciphered Cuneiform Tablet Contains Unknown Sumerian Myth - Archaeology Magazine
CHICAGO, ILLINOISβA riveting lost Sumerian myth was recently rediscovered thanks to University of Chicago Sumerologist [β¦]
The text tells how the Sumerian storm god Ishkur was trapped in the netherworld, causing chaos on earth due to the lack of rain. Ishkurβs father Enlil summons a divine assembly and asks them to retrieve Ishkur. No gods volunteer, but, surprisingly, a lone fox does.
archaeology.org/news/2025/07...
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Fascinating 100% hallucination β claims, numbers, references, everythingβ¦. [Followed by a Grok post which purports to cite demographic figures from various sources, including one supposedly by Scheidel himself.]
Meanwhile over on the other site:
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More on the Art Market Integrity Act >
bsky.app/profile/chas...
28.07.2025 14:24 β π 0 π 0 π¬ 0 π 0
This case illustrates how organized crime groups use the US art market for trade-based money laundering β precisely the issue targeted in the new bipartisan legislation championed by several senators and @combatlooting.bsky.social
28.07.2025 14:22 β π 6 π 4 π¬ 1 π 0
French culture minister Rachida Dati to face trial for alleged corruption
The minister is accused of having secretly lobbied for the carmaker Renault-Nissan
The French culture minister Rachida Dati is to face trial in Paris on charges of alleged corruption and βinfluence peddlingβ
Dati is accused of having secretly worked as a lobbyist for the carmaker Renault-Nissan while she was in the European Parliament.
www.theartnewspaper.com/2025/07/23/f...
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U.S. Marshals Service Art Online Auction
Online Art Auction on Behalf of U.S. Marshals Service; Pablo Picasso, Jean-Michel Basquiat
Picasso's "Nature Morte au Crane de Taureau, Basquiat's Redman One & other high value artworks purchased with criminal proceeds connected to fugitive financier Low Taek Jho and the 1MDB scandal are up for auction via U.S. Marshals Service asset recovery division.
www.txauction.com/auctions/308...
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Entire annual budget of the National Endowment for the Arts: $210 million
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The Met continues to negotiate with Phnom Penh over its firm demand for the Harihara and 31 other artifacts, many directly linked to Latchford, that remain in the Metβs collection today.
25.07.2025 03:42 β π 1 π 0 π¬ 0 π 0
Earlier this year, the Met presented Cambodia with a non-disclosure agreement that would have compelled Cambodia to pay damages for any breach and waive sovereign immunity β terms the Cambodian government unequivocally rejected.
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This move not only legitimized the artifact using the Rockefeller name but also provided Latchford and Spink a powerful institutional endorsement, allowing them to leverage the Met's collection status to boost the perceived value and facilitate other private sales of their trafficked inventory.
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While the museum appears to have partially purchased the Harihara, the remainder of its acquisition was covered by a donation from Laurance S. Rockefeller, John D. Rockefeller III's brother, and an "anonymous donorβ who was, in fact, Douglas Latchford himself.
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By December 1976, Spink had found a solution: Martin Lerner, then a curator at the Metropolitan Museum of Art, would arrange for the museum to pick up the statue.
After leaving the Met, Lerner worked as a consultant for Latchford, appraising newly excavated statues.
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But the new letters from the Rockefeller family archives reveal a critical, previously unknown chapter: the Harihara's failed sale and its subsequent diversion through one of America's most powerful families.
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A 1974 letter between executives of Spink & Son, a prominent London art dealer, details their efforts to sell the Harihara for $300,000 β approximately $1.8 million today β with a 25% cut for Spink and the remainder for the British antiquities trafficker Douglas Latchford.
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These revelations, exposing a sophisticated strategy to "wash" a looted artifact through one of the world's most prestigious museums, are adding fresh pressure for its return to Cambodia β pressure intensified by the fact the statue was trafficked during the country's genocide in the late 1970s.
25.07.2025 02:54 β π 2 π 0 π¬ 1 π 0
Senator John Fetterman Proposes Bill To Apply Anti-Money Laundering Protections to US Art Market
The Art Market Integrity Act would amend the Bank Secrecy Act to require art dealers and auction houses to report suspicious transactions.
The Art Market Integrity Act would give the US Treasury the authority to subject art professionals and institutions to adopt certain AML policies and safeguards, such as conducting due diligence on clients, maintaining records, and reporting suspicious transactions
www.artnews.com/art-news/new...
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At the nub of the protracted border dispute is a set of 9th- to 11th-century temples that believed to have initially been built as Hindu shrines but later moved into the Buddhist fold as the region's religious preferences moved too.
www.hindustantimes.com/world-news/w...
24.07.2025 12:49 β π 1 π 0 π¬ 0 π 0
Thai and Cambodian Troops Fire at Each Other as Relations Implode
Thai and Cambodian Troops Fire at Each Other as Relations Implode
Shots were heard at 8.20 a.m. and came from an area about 650 feet east of Prasat Ta Muen Thom, an ancient Khmer-Hindu temple along the disputed border, according to the Thai army.
www.nytimes.com/2025/07/23/w...
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The art market, a $25 billion industry in the United States and the largest of its kind globally, is one of the last major markets not required to meet these standards, making it vulnerable to exploitation by sanctioned individuals, terrorist financiers, and other criminals.
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Prominent Art Advisory Implodes After 37 Years, as Ex-Partners Fire Off Lawsuits | Artnet News
Art advisors Barbara Guggenheim and Abigail Asher are locked in a $20 million legal fight, with explosive claims of fraud, and abuse.
Allegations of fraud, tax evasion, misappropriation of funds, abuse, and exploitation shatter the polished veneer of Guggenheim-Asher, an ultra-high-end firm whose clients included celebrities like Tom Cruise and corporations such as Sony and Coca-Cola.
news.artnet.com/market/promi...
20.07.2025 15:03 β π 7 π 4 π¬ 0 π 1
The grasshopperβs βstrong and well-documented ownership historyβ contains some red flag names: βPrince Collection (1990sβ2014); acquired in 2007 from the Merrin Gallery; the collections of Howard Carter, Joseph Brummer in New York, the Guennol Collection, and a private collection in the US.β
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βRelativeβ compared to Sothebyβs Christieβs etc seems right
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Writer. Bylines: NYT, NatGeo, Undark, SciAm, many more. Scicomm pro and instructor. Forever New Yorker, former Berliner. Runner, mother, tall human.
jenpinkowski.com
Asst. Prof. of Ancient History at UMass Lowell. Research: Roman merchants, ancient numismatics, greed, stereotypes. Self: embroidery, tea, long walks, and ice hockey.
Author of: https://press.umich.edu/Books/T/The-Reputation-of-the-Roman-Merchant
We bless the rains down in Africa... but in UE5
Weβre making Relooted: https://store.steampowered.com/app/3255890/Relooted/
Wishlist it today!
https://linktr.ee/Nyamakop
Eager to lean and know.
Art provenance.
Advances In Archaeological Practice is a quarterly, open access, digital journal devoted to sharing creative solutions to challenges in the practice of archaeology globally.
https://www.cambridge.org/core/journals/advances-in-archaeological-practice
Historian of sexuality and colonial power, looking at race/gender/imperialism/sex work in North Africa and more. Based at University of Bristol and Oxford. Always nosy.
Writer, Art Historian, Professor at University of California Davis
@ucdavis. Guggenheim Fellow
@GuggFellows Art, human rights, cultural heritage, museums, genocide, Middle East, South Caucasus
The Japan you don't learn about in anime. News and social issues from Japan. Visiting Japan soon? Check out our tours service!
https://unseen-japan.com
Archaeologist in the US Southwest and museum professional. Managing editor of Mainsheet: A Journal of Multidisciplinary Maritime Studies https://www.mainsheet.mysticseaport.org/about
Landscape archaeologist. Research interests: archaeology of Mesopotamia, past mobility, and cultural property protection.
phd candidate +writerβ’ β₯οΈ history+art history, literary childhoods, bookish history, lit, lore, fairy tales, old sites, nature, travel, sports, music, dance, & the cozy+kindβ’ in Ottawa Otown, Canadaπβ’ #GoSensGo π #ElbowsUpβ’
Master of (Keeping/Stealing) your Secrets | Security Advisor & Intel Analyst | Civil Servant @ BE | Klopjacht-speurder | IT Eng. + Pol. Sci. | Posts my own
Investigations and Training @bellingcat.com
A digital magazine about everything human, told through the stories of anthropologists.
Lawyer, Egyptomaniac, LSU graduate student studying the reception of Egyptian art in Europe, and LSU football fan. Also fan of Hoyas and Pelicans basketball.
Journaliste pigiste (Le Journal des Arts, TΓ©lΓ©rama, T Magazine, etc.)
SpΓ© Culture, patrimoine, architecture, urbanisme, musΓ©es.
Zooarchaeologist. πΊ
Museums & Heritage Researcher. π
Science Communicator & Writer. π§ͺ
Chinese-American Immigrant in the UK.
She/Her/ε₯Ή. All views my own. π³οΈβπβΏοΈ
https://dralexfitzpatrick.carrd.co/
Kunsthistorikerin mit groΓem π fΓΌr AntiquitΓ€ten
(Mehr Infos & Tipps zum Thema gibtβs allerdings bei mir auf Insta.)