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Here’s Why The U.S. Government Just Sold Basquiat And Picasso Paintings For $35 Million Combined At Auction

The U.S. government sold artwork by Jean-Michel Basquiat and Pablo Picasso as well as a Diane Arbus photograph Thursday as part of the government’s attempt to recoup more than $4.5 billion allegedly stolen from the 1MDB development fund by Jho Low, a Malaysian financier now missing after allegedly helping orchestrate one of the largest embezzlement schemes in history.

Source: Original Article

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