Basquiat, Picasso Works Linked to Global 1MDB Scandal Net $36 M. in Auction by US Marshals
The opening bid for Jean-Michel Basquiat’s Red Man One was $2.975 million. Courtesy of Sotheby’s Four artworks by Jean-Michael Basquiat, Diane Arbus, and Pablo Picasso surrendered to the US Department of Justice in connection with the multibillion-dollar 1Malaysia Development Berhad scandal collectively netted some $36 million in an online auction conducted by the US Marshals …

