justin sun maurizio cattelan banana trump memecoin

Crypto billionaire Justin Sun announced on X that he is purchasing $100 million worth of President Donald Trump's memecoin, $TRUMP, which will soon be tradeable on the TRON blockchain. This follows Sun's previous high-profile art world moves, including buying Maurizio Cattelan's duct-taped banana artwork "Comedian" at Sotheby's for $6.2 million and later eating it, as well as a legal dispute with collector David Geffen over a stolen Alberto Giacometti sculpture. Sun also attended a White House dinner for leading $TRUMP buyers in May, which spurred $148 million in coin purchases.

kerry james marshall jean michel basquiat sothebys

Sotheby's has announced two major consignments for its November marquee auctions in New York: Jean-Michel Basquiat's "Crowns (Peso Neto)" (1981), estimated at $45 million, and an untitled Kerry James Marshall painting from 2008, estimated at $10–15 million. The Basquiat, painted on Christmas night 1981, debuted at Annina Nosei Gallery and Documenta 7, and was previously owned by collectors Thomas Worrell and José Mugrabi before being consigned by French actor Francis Lombrail. The Marshall, depicting a couple embracing at sunset, was purchased on the primary market and has remained in the same collection, recently appearing at the Church in Sag Harbor with lender Neda Young.

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Justin Sun, the billionaire founder of TRON and buyer of Maurizio Cattelan's "Comedian," filed a lawsuit against Bloomberg LP and Bloomberg Inc. on August 11 in the U.S. District Court in Delaware. He seeks a temporary restraining order and injunctions to prevent Bloomberg from publishing his highly confidential financial information, including specific cryptocurrency holdings, which he claims would cause irreparable harm, risk of theft, hacking, and physical danger to him and his family. Bloomberg's attorney argued the application is moot because the article had already been published hours before Sun's lawyers gave notice. The Bloomberg profile estimated Sun's net worth at $12.4 billion, detailing his ownership of over 60 billion Tronix, 17,000 Bitcoin, 224,000 Ether, and 700,000 Tether.

rare m c escher works auction

A cache of M.C. Escher drawings and prints, created during his time in Italy and later, fetched a stunning total of $7.8 million at Christie’s on July 22, quadrupling its low presale estimate. The auction, titled 'The Art of Infinity,' featured 65 lots, with nearly every work on paper surpassing the previous record for an Escher work in the medium. The top lot, *Reptiles* (ca. 1943), sold for $529,200—five times its low estimate—while *Relativity* (ca. 1953) achieved $504,000, ten times its low estimate. The sale largely came from the collection of Robert Owen Lehman Jr., a documentary filmmaker and member of the Lehman banking family.

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This episode of the Art Angle podcast, hosted by Kate Brown with co-hosts Ben Davis and Andrew Russeth, covers three major art-world stories: crypto collector Justin Sun’s escalating legal battle with billionaire David Geffen over a Giacometti sculpture; Jeff Koons’ trio of massive Hulk sculptures that debuted at Frieze New York; and the first round of the new Art Basel Awards. The discussion weaves together legal disputes, market signals, and institutional recognition.

by the numbers christies 20th century sale totals modest 217 million

Christie’s held a doubleheader evening sale on May 12, 2025, featuring its regular 20th-century art auction and the Riggio collection. The various-owners sale achieved $216.9 million in total sales after fees, a 52% decline from the $413 million equivalent sale the previous year. The top lot was Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* (1891), which sold for $42.9 million with fees. The sale had a 94% sell-through rate, with 34 of 36 lots sold and none bought in. Notable moments included a new auction record for Dorothea Tanning at $2.3 million and a strong result for Remedios Varo’s *Revelación* (1955) at $6.22 million.

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Christie’s spring marquee auctions in New York brought in a combined $489 million with fees across two evening sales: the Leonard & Louise Riggio: Collected Works sale and the 20th Century sale. The Riggio collection, featuring 39 works heavy on Surrealism, modernism, and Minimalism, achieved $272 million with buyer’s premium, led by Piet Mondrian’s Composition With Large Red Plane, Bluish Gray, Yellow, Black and Blue (1922) at $47.56 million and René Magritte’s L’empire des lumières (1949) at $34.9 million. The 20th Century sale included major canvases by Monet, Rothko, and Warhol, but the hammer total of $409 million fell below the $446 million pre-sale low estimate, indicating the auction house did not meet expectations.

justin sun responds david geffen counter response giacometti

Hong Kong crypto entrepreneur and art collector Justin Sun has filed a new 100-page legal response in his ongoing lawsuit against megacollector David Geffen over Alberto Giacometti's sculpture *Le Nez* (1949/1965). Sun claims his employee Xiong Zihan Sydney stole the $78.4 million artwork—which he bought at Sotheby's New York in 2021—and sold it to Geffen without his knowledge. Geffen counters that Sun is experiencing "seller's remorse" and that the lawsuit is a sham. Sun's latest filing alleges that Geffen paid $2 million "under the table" to dealers David and Cole Tunkl to secure the piece, and reveals that Xiong has been detained in China since February at the Dezhou Detention Center.

amid fraud case collector justin sun reportedly spent 75 m on trump backed crypto firm

Justin Sun, the crypto billionaire known for buying and eating Maurizio Cattelan's banana sculpture, is under scrutiny after reportedly spending $75 million on World Liberty Financial (WL), a cryptocurrency firm promoted by President Donald Trump. The investment, revealed by a New York Times investigation on April 28, comes while Sun faces a U.S. Securities and Exchange Commission fraud lawsuit and a separate legal battle with collector David Geffen over an Alberto Giacometti sculpture allegedly stolen from Sun's collection.

amid market uncertainty asian art posts standout results

A review of the top 20 auction lots sold globally in the first quarter of 2025 reveals that four of the five priciest works were either by Asian artists or sold in Asia, a shift from the dominance of Western works in London and New York during the same period in 2023 and 2024. Notable sales include a record-breaking Yuan dynasty calligraphy by Rao Jie at Sotheby’s Hong Kong for $32.2 million, Tyeb Mehta’s *Trussed Bull* setting an artist record at Saffronart in Mumbai, and M. F. Husain’s *Untitled (Gram Yatra)* becoming the first Indian Modern artwork to exceed $10 million at Christie’s New York. However, the total value of the top five lots fell to $73.7 million, down nearly 14% from 2024 and 46% from 2023, amid a broader downturn in Asian art sales, particularly in China.

christies names alex rotter global president

Christie’s has promoted Alex Rotter to global president, a new role in which he will retain his existing title as global chairman of 20th- and 21st-century art. Rotter will collaborate with regional presidents and global chairmen to develop strategies for auction and private sales. He joined Christie’s in 2017 after 16 years at Sotheby’s and created the “20/21” department, which unified postwar, contemporary, and Impressionist and modern art sales. Rotter has overseen landmark sales including Jeff Koons’s *Rabbit* (1986) for $91 million, Andy Warhol’s *Shot Sage Blue Marilyn* (1964) for $195 million, and Leonardo da Vinci’s *Salvator Mundi* (ca. 1500) for $450 million.

A Guide to David Hockney’s Most Important Print Series

Lougher Contemporary, a UK-based specialist in blue-chip editions, has identified David Hockney's five most important print series for collectors. The series include the iconic Pool Series, inspired by Los Angeles swimming pools; the iPad Drawings, which began with the iPhone and evolved into works like 'The Arrival of Spring'; and The Weather Series, a set of six color lithographs influenced by Japanese Ukiyo-e prints. Other series are also highlighted for their market value and artistic significance.

Angus, Thongs and Imperfect Staging

The art collective MSCHF saved a cow named Angus from slaughter after a two-year project called 'Our Cow Angus'. The project allowed fans to preorder burgers or a leather bag made from Angus, but also provided a 'Remorse Token' to cancel orders. If 50% of tokens were used by the deadline, Angus would be spared and sent to a sanctuary. With ten hours remaining, the threshold was met, and the cow's life was saved.

Martha Graham Took Classic Ballet and Turned It Into Modern Dance. It’s Still Moving Us 100 Years Later

The Martha Graham Dance Company, the oldest professional dance troupe in the United States, is celebrating its 100th anniversary with a worldwide centennial tour. The company is marking the milestone by performing Graham's classic works, like the 1946 ballet *Cave of the Heart*, alongside newer commissions that continue her innovative legacy.

Thinking Infrastructurally: On Diversity of Aesthetics, Part 2

The article, part of a series on e-flux, presents a theoretical analysis of the 1965 Watts rebellion through the lens of Guy Debord's Situationist thought. It examines how the rioters' destruction and theft of commodities, like refrigerators they couldn't power, acted as a rejection of capitalist integration and exposed the false promise of consumer affluence.

Negative Impressions and Positive Traces of ’20th Century Debris’.

Marc Brandenburg's solo exhibition '20th Century Debris' is on view at the Berlinische Galerie in Berlin until September 14, 2026. The show features approximately 150 works, including early drawings from the 1990s, recent pieces, video, photography, and tattoo editions, all exploring spectral cityscapes and the debris of contemporary life through a process of tonal reversal and inversion.

In major auction night, rare Klimt painting smashes records at $236.4 million

Sotheby's held its first sale at its new US headquarters in New York, where Gustav Klimt's "Portrait of Elisabeth Lederer" sold for $236.4 million, becoming the most valuable work of modern art ever sold at auction and the most expensive artwork ever sold by Sotheby's globally. The record-breaking 20-minute bidding war also saw strong results for works by Edvard Munch ($35.1 million) and a Klimt landscape ($86 million), while the evening's total reached $706 million. However, two top lots by Kerry James Marshall and Barkley L. Hendricks failed to sell, and Maurizio Cattelan's gold toilet "America" drew only a single bid from Ripley's Believe It or Not! for $12.1 million.

Dartmouth Students Turn to Moldy Beef Jerky Installation in Renewed Bid to Remove Leon Black’s Name from Arts Center

Art students at Dartmouth College installed a provocative piece titled "Something Rotten" in the Black Family Visual Arts Center, consisting of 20 moldy beef sticks arranged into a smiley face over the dedication wall honoring billionaire financier Leon Black and his family. The work, created by students Erik Siegel, Angeles Juarez-Ruiz, and Roan Wade, was removed one week after the exhibition "Storage Room" opened on April 14. The piece references Black's documented friendship and business dealings with convicted sex offender Jeffrey Epstein, with the wall label quoting an Epstein email mentioning "jerky." The installation is part of a broader student and alumni campaign to remove Black's name from the arts center, which was funded by a $48 million gift from Black and his wife Debra.

Who Do Chicago’s Art Fairs Serve?

Expo Chicago and its satellite fairs serve as a complex barometer for the Midwestern arts ecosystem, highlighting both the successes of local representation and the tensions of institutional growth. While galleries like Andrew Rafacz and Corbett vs. Dempsey demonstrate viable career paths for Chicago-based artists like Melissa Leandro and Gabrielle Garland, the fair's shifting structure reveals a narrowing field for smaller nonprofits.

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Cultured magazine surveyed 30 New York-based artists to find out where they hang out in 2026, as affordable and easy gathering places have become scarce. The responses range from iconic spots like the Rose Reading Room at the New York Public Library and the Metropolitan Museum of Art to more offbeat locales such as a karaoke bar on Bowery, a Cantonese noodle house in Chinatown, and a church hosting vogue sessions. Artists including Coco Klockner, Jamian Juliano-Villani, Tiffany Sia, Amanda Ba, Lucy Bull, and others share their personal favorites, highlighting a diverse mix of libraries, restaurants, bars, and community spaces.

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The New Museum in New York is reopening on March 21 with a major expansion—a 60,000-square-foot addition designed by OMA, doubling its footprint. To celebrate, the museum paired three artists featured in its inaugural exhibition "New Humans: Memories of the Future" with three independent fashion designers for studio conversations. The article presents one such dialogue between artist Cato Ouyang and designer Zoe Gustavia Anna Whalen, who discuss their New York origin stories and the challenges of creative life in the city.

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Camille Henrot and Hillary Taymour, wearing Collina Strada, are featured in a Cultured magazine interview marking the reopening of the New Museum on March 21, 2026, after a 60,000-square-foot expansion by OMA. The conversation is part of a series pairing three artists from the inaugural exhibition "New Humans: Memories of the Future" with three downtown fashion designers. Henrot discusses her New York origin story, her film *In the Veins* premiering in the show, and her upcoming play *Commedia dell’Arte* at the Aspen Art Museum’s AIR Festival, while Taymour recounts moving from Los Angeles to New York in 2010 to pursue fashion design.

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Lauren Halsey, an artist known for immersive architectural projects rooted in South Central Los Angeles, is expanding her civic engagement with a new sculpture park titled "sister dreamer," opening in March in collaboration with the nonprofit LAND. The article, presented as a studio visit, details her creative process, influences, and upcoming projects, including a limited-edition cycling jersey with Rapha and the Miami Design District to raise funds for cancer research. It also highlights her recent exhibitions at the Metropolitan Museum of Art, the Venice Biennale, and the Serpentine Galleries.

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Carlos Soto, a set and costume designer known for his emotionally charged and essentialist approach to theater, is profiled in a feature that traces his career from a childhood encounter with Robert Wilson to collaborations with Solange, Marina Abramović, and Philip Glass. Soto discusses his recent production of Robin Hood at Zurich's Schauspielhaus, where he fused Japanese Noh theater masks with animal memes to create costumes that blur the line between human and beast. The article highlights his uncompromising vision, his early apprenticeship under Frida Parmeggiani at the Met, and his decision to drop out of Pratt Institute to pursue hands-on learning.

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Nicole Eisenman's solo exhibition "STY" is on view at 52 Walker in New York through January 10, 2026. The show features recent paintings including "The Auction" (2025) and "Archangel (The Visitors)" (2024), which blend styles from realism to post-Cubist caricature. Curated by Ebony L. Haynes, the gallery is transformed into a single room lined with Homasote board, creating an intimate studio-like atmosphere that includes reference ephemera from Eisenman's Brooklyn studio, such as a printout of Martin Kippenberger's 1984 abstraction.

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Anastasia Samoylova, an artist who works in photography and painting, is presenting her rarely shown "Breakfasts With" series at Casa Tua Aspen this summer. The series, begun in 2015 after she received her green card, combines breakfast food with photo books by notable creatives, creating still-life "conversations" that serve as daily creative prompts. The exhibition follows her dual show with Walker Evans at the Met, which showcased two differing visions of Florida. In an interview, Samoylova discusses how the series developed from a meditative morning ritual into a practice that helped her ground herself after leaving a tenured teaching position, and how intuitive pairings—like a cut mango with Barbara Kasten's work—emerged from spontaneity rather than conceptual planning.

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Cultured reports on the meticulous restoration of La Pausa, the Mediterranean villa built by Gabrielle Chanel in 1928, led by architect Peter Marino. After Chanel sold the property in 1953 to American collectors who later donated it to the Dallas Museum of Art, the house of Chanel reacquired it in 2015. Over the following decade, Marino worked with Chanel’s heritage team, including Hélène Fulgence, to restore the villa to its original state using archival images, blueprints, and original furnishings sourced at auction. The villa, perched in Roquebrune-Cap-Martin, will now serve as a creative retreat for artists and writers.

At the Tuileries, the PAD Paris Fair Celebrates Design with Elegance This Weekend

Aux Tuileries, le salon PAD Paris célèbre le design avec élégance ce week-end

The PAD Paris (Pavillon des Arts et du Design) returns to the Jardin des Tuileries, showcasing 75 French and international galleries specializing in vintage and contemporary collectible design. Highlights of the 2025 edition include the debut of Gallery Gaïa & Romeo with mid-century Italian ceramics, a contemporary reimagining of Claude Monet’s studio by Amélie du Chalard, and a strong focus on international female designers at Maria Wettergren. Parallel to the main fair, the third edition of the Sustainable Design Biennale is presenting plastic-free material innovations and eco-friendly furniture solutions.

Inside the Studio of Abdelkader Benchamma, Cartographer of Invisible Worlds

Dans l’atelier d’Abdelkader Benchamma, cartographe des mondes invisibles

French-Moroccan artist Abdelkader Benchamma is preparing for his upcoming solo exhibition, "Signs and Wonders," at Galerie Templon in Paris. Working from his sun-drenched studio in Montpellier, Benchamma has transitioned from his signature black-and-white ink drawings to large-scale canvases that incorporate celestial blues and earthy mineral tones. The new body of work draws inspiration from 15th and 16th-century manuscripts, specifically the Kitab al-Bulhan and the Book of Miracles, creating a "giant book" of visual narratives that blur the lines between abstraction and figuration.

Marietta Museum of Art & Whimsy closing for summer, but 37 other exhibitions on view at museums in May

The article provides a roundup of museum exhibitions on view in Southwest Florida during May, highlighting five new openings, eight closings, and 25 continuing shows across museums from Sarasota to Naples. Featured exhibitions include Molly Hatch's site-specific ceramic installation "Amalgam" at Sarasota Art Museum, Jillian Mayer's interactive "Slumpies" sculptures, a group show "Something Borrowed, Something New" with works by Louise Bourgeois, Chuck Close, David Hockney, Yoko Ono, Kara Walker, and Ai Weiwei, and Maria A. Guzman Capron's solo textile exhibition "Penumbra." The Marietta Museum of Art & Whimsy is noted as closing for the summer.