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Maurizio Cattelan’s duct-taped banana artwork fetches US$5.2m at New York auction
(www.theguardian.com)
I didn't know which community to post something in and so here we are.
Please comment if you know a more appropriate community for a post.
Please explain, how is this used to launder money?
In the US, the average laundromat has an annual turnover of $142,000. Not nearly $5 million.
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