/ic/ - Artwork/Critique

>>6385490
>which doesn't make it money laundering, money laundering is when someone earns money through illicit
It happens to be against Chinese law to transfer certain amounts of money of of the country without the authorities approval. It's a problem many western companies have to struggle with. Money laundering is about the origin of the money.

Generally these paintings are sold for high amount of money to help rich people avoid the law. Money laundering is just one example. Tax evasion is another.

Please apply common sense. Take a look at the painting here. It is not worth $450.3 million based on any artistic quality no matter how you try to argue it.

It's just about arbitrarily turning the paintings into currency. As long as everybody agrees they are worth that then wealthy people can use paintings to circumvent restrictions the proletariat has to deal with.