Stop Marveling at Record-Breaking Historical Auctions. It’s a Billionaire Money-Laundering Scheme.
We are guided to marvel at record-breaking historical artifact auctions, but the public isn’t stupid. These high-profile sales aren’t about preserving the past; they are the ultimate money-laundering vehicles. From anonymous phone bidders to opaque ‘expert’ valuations, the high-value artifact industry is an offshore account for the mega-rich to hide illicit wealth. The artifact itself is just an afterthought.