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U.S. Agents Open Investigation Into Auction Houses Linked to Sanctioned Russian Businessmen
1 month ago - By Hypebeast
Over the past year, the US and many Western authorities have imposed strict sanctions on Russia since it's invasion of Ukraine. Those efforts have spilled into the art world, where officials in New York have subpoenaed auction houses who may be linked to Russian businesspeople with ties to Russian President, Vladimir Putin. As first reported by Bloomberg , the exact entities have not been disclosed, however, several of the major players - Christie's , Sotheby's and Phillips - are amongst those being investigated. The latest developments come after nearly a year in which the aforementioned...
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