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Crypto Entrepreneur Eats $6 Million Banana on Stage

Friday November 29, 2024. 02:23 PM , from Slashdot
Crypto Entrepreneur Eats $6 Million Banana on Stage
Crypto entrepreneur Justin Sun consumed Maurizio Cattelan's 'Comedian' artwork -- a banana taped to a wall -- during an event in Hong Kong on Friday, declaring 'the real value is the concept itself.' Sun, founder of cryptocurrency platform Tron, purchased the piece for $6.2 million at Sotheby's last week, significantly above its $1-1.5 million estimate.

The acquisition included only a certificate of authenticity and assembly instructions, not the physical banana or tape. The Chinese-born entrepreneur, who faces SEC charges over fraud and securities violations, made the payment in cryptocurrency.

Read more of this story at Slashdot.
https://news.slashdot.org/story/24/11/29/1323218/crypto-entrepreneur-eats-6-million-banana-on-stage?...

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