🎨 Why the U.S. Government Just Sold Basquiat and Picasso Paintings for $35 Million in the 1MDB Scandal
The U.S. government auctioned off paintings by Jean-Michel Basquiat and Pablo Picasso worth more than $35 million, alongside a rare Diane Arbus photograph, as part of efforts to recover funds from the 1MDB corruption scandal — one of the world’s largest embezzlement schemes linked to Malaysian financier Jho Low.
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