Riah Pryor

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Art fairsreview

Monster minerals, 'forgotten' women artists and a 66-million-year-old dinosaur: VIP sales from Masterpiece London

After two-year hiatus, fair returns to Chelsea with an exuberant sense of joie de vivre

UK’s revenue and customs agency begins handing out fines to art market players

HMRC is penalising art world "participants" that have failed to register under the new anti-money laundering legislations

Lawsuit challenging Trump Tower Black Lives Matter mural is dismissed

The lawsuit was brought by a women’s group that supported former president Trump and had sought to create its own mural near the Manhattan skyscraper

Museums take action after report finds 'astonishing, nearly absurd' levels of government interference

State meddling is “annihilating capacity of institutions”, says commissioner of Museum Watch Governance Management Project

Art crimeanalysis

NFTs are accelerating the pace of art crime—here's how digital sleuths are sharpening their tools to fight wrongdoers online

Lawmakers must now contend with a new era of discord channels, smart contracts and open-source intelligence to combat cyber criminals

Women are on top at London's Eye of the Collector fair

Almost half the works on show at the boutique event are by female artists—and lower price points are attracting buyers

Enormous mural on California dam may be removed after attempts to secure legal protections fail

The 80,000 sq. ft ‘Bicentennial Freedom Mural’ was marked for removal due to levels of lead in the paint used to make it and its deteriorating condition

NFTnews

NFTs recognised as ‘legal property’ in landmark case

Victims of NFT thefts are now likely to have greater protection in the UK—though other jurisdictions are lagging behind

Sanctions leave 'dozens' of Russian paintings stranded in South Korea

At least four Russian institutions are thought to have loaned the works, including the Nizhny Novgorod State Art Museum and the Ekaterinburg Museum of Fine Arts

Three accused in New Zealand art auction political donations scandal

Claims centre on five paintings bought by Chinese businessman Yikun Zhang for a combined $60,000 in a charity sale held by the country’s Labour Party in 2017

Finland seizes €42m of art en route back to Russia

The works had been on show in museums in Italy and Japan

Sophia Kishkovsky. with additional reporting by Riah Pryor

Judge rules removal of artwork depicting man killed by police did not violate free speech

The artwork, commissioned a citywide arts event in Miami Beach, commemorated Haitian-American Raymond Herisse, who was killed by police in 2011

Qatari sheikh loses appeal over fake antiquities claim against Phoenix Ancient Art

Sheikh Hamad Bin Abdullah al-Thani had accused the New York- and Geneva-based dealership of selling him two allegedly fake statues for a combined $5.2m

Sotheby’s and Ketterer Kunst among auction houses to ban some Russian buyers

The move comes as the art market steps up its due diligence

Riah Pryor. With additional reporting by Sophia Kishkovsky and Anna Brady

Crypto collectors beware: why online wallets are increasingly vulnerable to theft

NFTs are a major new economy and with every major new economy, there is a big new scam

California police officers’ lawsuit over Black Lives Matter mural is dismissed

Six police officers in the Silicon Valley city of Palo Alto claimed the mural was discriminatory, constituted harassment and that they had faced retaliation for speaking out

Belgian cuts to art crime policing weaken ‘intelligence gathering’

Decision follows years of uncertainty around dwindling enforcement funding

'We hold NFTs with no value and no future perspective': aggrieved Art Wars NFT investors speak out over dispute

The 1,138 NFTs have been de-listed from OpenSea, after artists complained that permission had not been sought for the creation of NFTs of their work

The rocky authority of the artist in authentication disputes: who gets the final say?

The authentication of a nude by Lucian Freud—despite his protestations that he did not paint it—highlights how creators are not always listened to

Top Croatian government official sentenced for corruption involving art

Nadan Vidosevic, former head of the Croatian Chamber of Commerce, was found guilty in December of buying art for himself with public money

Pandora Papers reveal 1,600 works of art 'secretly traded' in tax havens

The art reportedly includes "more than a dozen" works by Banksy bought by the London-based financier, Maurizio Fabris, via an offshore trust in New Zealand since 2009

The US and Nigeria sign cultural property agreement

The five-year memorandum of understanding comes at a moment when Nigeria is taking increasingly proactive measures to secure its patrimony and recover artefacts that were looted and stolen

The 'Wild West' of finance: governments want to regulate NFTs and cryptocurrencies, but first they have to catch up

This booming but unregulated market is under scrutiny in the US and UK, but legislation is lagging behind innovation

Art marketanalysis

A swindler’s playground: why is the art market so appealing to fraudsters?

Indian antiquities dealer Monson Mavunkal is currently in custody following a string of fraud allegations, including trying to sell a walking stick he said belonged to Moses. But he is not the first con artist to target the art world

'May the image rights be with you': Artists claim Art Wars sold NFTs linked to their designs for Stormtrooper helmets without their permission

The online project was launched earlier this year by the London-based artist and curator Ben Moore, with NFTs based on his previous project which saw major artists design Stormtrooper helmets

Antiquities think tank pushes UK to impose tougher regulations to fight trade in looted art

Antiquities Coalition has published a policy brief urging government to seize the "window of opportunity" in wake of repealed EU Cultural Goods Regulations

Northern Ireland's art market mired in post-Brexit confusion

Experts fear country could become "gateway to Europe for illicit cultural property", while new asset seizure powers—which include art—are being introduced to help criminal investigations into unexplained wealth

A return of the knockers? How criminals gain the trust of the elderly and vulnerable in order to steal their art and antiques

The conviction of the father-and-son duo, Des and Gary Pickersgill, for the thefts of around £1.7m from an elderly widow's home, brings renewed focus on the threat of antique “knockers”