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Justin Sun allegedly pressured CoinDesk's new owners, Bullish, to remove a critical article about his $6.2 million purchase and public consumption of a banana artwork by Maurizio Cattelan. The piece, which also highlighted Sun's legal troubles with the SEC, raised concerns among CoinDesk's journalists regarding editorial independence after its removal. Despite the article being taken down, a version remains available through Yahoo News, intensifying tensions between the editorial team and Bullish.
New York's November auction week saw a resurgence of excitement in the art market, highlighted by a fierce bidding war at Christie’s for René Magritte’s L’empire des lumières, which sold for $121 million. The following night at Sotheby’s, Maurizio Cattelan’s Comedian, a banana duct-taped to a wall, fetched $6.2 million, captivating the audience.
Crypto investor Justin Sun purchased Maurizio Cattelan’s duct-taped banana artwork, titled “Comedian,” for $6.2 million at Sotheby’s, emphasizing its cultural significance bridging art, memes, and cryptocurrency. Sun plans to eat the banana as part of the artistic experience, highlighting the value derived from the accompanying certificate of authenticity rather than the banana itself, which will rot and need replacement. This sale reflects a resurgence in the art market, with over $1 billion worth of art auctioned in New York.
A banana duct-taped to a wall, titled "Comedian" by Maurizio Cattelan, has sold for $6.2 million at Sotheby’s in New York after intense bidding. The buyer, crypto entrepreneur Justin Sun, acquired the piece, which was expected to fetch between $1 million and $1.5 million, highlighting its cultural significance.
Maurizio Cattelan
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coinDesk faces backlash after removing article on justin sun's banana purchase
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17:25 19.12.2024
ew york auction week showcases high stakes and record breaking sales
21:27 22.11.2024
crypto investor buys duct-taped banana for 6 million dollars at auction
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duct taped banana artwork sells for 6.2 million at sothebys
01:46 21.11.2024
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