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Sanskar
Keen Learner and Exp... • 7m
This $6 Million Banana is not what you think Created by Italian artist Maurizio Cattelan. It’s literally a banana stuck to a wall with silver duct tape. And yet, sold for a staggering $6.2 million at Sotheby’s auction house. Justin Sun, the buyer of the $6 million “duct-taped banana” and founder of the cryptocurrency Tron. Bought attention. Tron’s popularity skyrocketed by 10% and hitting an all-time high since 2018. Its market cap reached a staggering $18 billion. But Wait Imagine a money launderer uses $10 million in black money to buy a painting — anonymously, of course. They don’t need to hang it in their living room to make it legit. Instead, they can send it to a ‘freeport’. (storage facilities near airports for goods in transit) in short tax free zone the money launderer parks the painting there and waits. Eventually, another buyer real or not purchases the piece for an inflated price. Suddenly, that $10 million has turned into ‘clean’ money, and no one’s asking questions.
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