News

Crypto boss eats banana art he bought for $6m, as promise to distraught seller who sold fruit for 35c backfires

A crypto boss has eaten the $6.2 million banana art he purchased and promised to buy 100,000 more pieces of the fruit from the vendor who sold the original.

But Justin Sun’s pledge to NYC fruit seller Shah Alam, 74, has the vendor panicking as he warned it would be almost impossible to source that many bananas. And he warned that even if he did, the profit would be miniscule.

Sun made headlines around the world when he became the successful bidder on ‘Comedian’ by Italian artist Maurizio Cattelan last week.

The piece, which was dubbed the ‘most expensive piece of fruit in the world’, featured a 35 cent banana duct taped to a wall.

Alam sold the fruit to Cattelan for 35 cents from his cart outside Sotheby’s auction house in New York.

He was distraught to learn how much the low-cost item fetched when it went under the hammer.

Sun sought to reassure him with a promise to purchase tens of thousands more and, distribute them ‘free worldwide through his stand […] while supplied last’.

But Alam, who earns $12 an hour for his 12 hour days and lives in a shared house with five other men, told the New York Times: ‘There is not any profit in selling bananas’.

The net profit of the purchase would work out to be $6,000 and would prove very difficult to orchestrate since they are sold in boxes of 100, Alam added.

He also explained that any profit would go to the stand’s owner, Mohammad R. Islam, 53, who did offer to split any pay day but said he had yet to be approached.

‘It’s definitely an inequality,’ Islam’s brother Mohammad Alam Badsha said of the potential sale.

A GoFundMe has since been set up for Alam which has raised more than $6,000 so far.

Sun purchased the artwork for $6.2 million including auction house fees.

At one of Hong Kong’s priciest hotels, he gobbled up the banana in front of dozens of journalists and influencers after giving a speech hailing the work as ‘iconic’ and drew parallels between conceptual art and cryptocurrency.

‘It’s much better than other bananas,’ Sun said after getting his first taste. ‘It’s really quite good.’

Sun was among seven people vying for the piece said he felt ‘disbelief’ in the first 10 seconds after he won the bid, before realising ‘this could become something big’.

In the 10 seconds after that, he decided he would eat the banana.

‘Eating it at a press conference can also become a part of the artwork’s history,’ he said Friday.

The debut of the edible creation at the 2019 Art Basel show in Miami Beach sparked controversy and raised questions about whether it should be considered art — Cattelan’s stated aim.

And Sun on Friday compared conceptual art like ‘Comedian’ to NFT art and decentralised blockchain technology.

‘Most of its objects and ideas exist as (intellectual property) and on the internet, as opposed to something physical,’ he said.

Sun this week also became an advisor to World Liberty Financial, a crypto initiative backed by US president-elect Donald Trump, following a $30 million investment.

He earlier wrote on social media platform X that he was ‘excited to help make crypto great again in the US’ with Trump’s leadership.

On Friday Sun denied that the investment, which made him the largest investor in the project, was an attempt to influence Trump or American politics. But Sun said he is ‘apolitical’.

‘Me (serving) as advisor also contribute a lot of value… I can be a great bridge for traditional financial and the (decentralised finance) industry.’

The 34-year-old crypto businessman was last year charged by the US Securities and Exchange Commission with fraud and securities law violation in relation to his crypto project Tron.

Sun has rejected the allegations and the case is ongoing.

Related Posts

Prince Harry is ‘less well protected in the UK than Taylor Swift’, insider claims

Prince Harry’s security in the UK is seen as less important than Taylor Swift’s who was granted a police escort on her summer tour, it was claimed yesterday. The pop star faces ‘less threats’ than the Duke of Sus𝑠e𝑥, yet she was ‘clearly treated completely differently’ while he is still fighting for automatic police protection, it was said. Harry looks set to highlight Ms Swift’s VIP status as his battle the Home Office over protection goes to the Court of Appeal in April.

【メルカリ】返品詐欺って何?プラットホームの責任は?性善説に立ちすぎ?出品者を騙すのは新たな手法か?|アベプラ

メルカリで返品詐欺の事例が増加し、出品者が被害を受けるケースが報告されている。 購入者が返品時に商品をすり替え、偽物を返送する手口が確認されている。 メルカリ事務局は、返品詐欺に対する対応策を見直し、保証方針を拡大することを発表した。 出品者が返品された商品が開封され、中身が抜き取られていた事例が多発している。 メルカリは、プラットフォームの責任について再評価し、利用者の安全を確保するための対策を強化する方針を示した。 ユーザーは、商品の発送前に詳細な写真を撮影し、証拠を残すことが推奨されている。 メルカリの運営側は、詐欺行為の撲滅に向けた取り組みを強化し、利用者の信頼を回復する必要があると認識している。

高畑充希と坂口健太郎が婚約破棄に至った真相に驚きを隠せない…結婚間近の同棲状態から一転、同棲解消の破局となってしまった理由に絶句【芸能】

高畑充希が俳優岡田将と11月19日に結婚を発表。 高畑は以前、坂口健太郎と4年間交際していたことがある。 坂口との関係は2016年5月から始まり、2018年には結婚を前提に交際していると報道された。 2020年12月に坂口との破局が報じられ、互いに仕事に集中するための別れだったと伝えられている。 高畑は破局後、同棲を解消し、デザイナーズマンションに引っ越した。 高畑と岡田はドラマ「いい夫婦」で共演し、互いに親友のように支え合ってきた。 結婚発表に対し、SNSでは驚きと祝福の声が寄せられている。

斎藤工が結婚しない重すぎる理由…公然猥褻で緊急逮捕された真相に驚きを隠せない…『極悪女王』でも活躍した俳優の流出したLINE画像…豪華すぎる女性遍歴に言葉を失う…

俳優の斎藤巧さんは、2024年で43歳になるが、現在も独身を貫いている。 斎藤巧さんの家族構成は、父、母、姉の4人家族である。 斎藤さんの父親は映像制作会社に勤務しており、影響を受けて俳優を目指すようになった。 歴代の彼女には、沖恵さん、日がなさん、ちんポムエリーさん、中村ゆりさん、小島ひなさん、女子大生などがいる。 斎藤さんは、結婚を後回しにしている理由として、俳優業や映画監督、クリエイターとしての多忙な日々を挙げている。 斎藤さんは、25歳の時にボーイズラブ映画に出演し、24歳の時には人妻温泉というレギュラーコーナーを持っていた。 斎藤さんは、若手時代に芸人のレッド吉田さんから励ましを受け、芸人を尊敬するようになった。

【驚愕】富司純子が自ら命を絶った理由…夫・尾上菊五郎の愛人への恨みに一同驚愕!!芸能界引退を強制させられていた裏側…「緋牡丹博徒シリーズ」で知られる女優が息子に追い出された真相がやばい…

女優富司純子が1972年に4代目小久郎と結婚し、芸能界を一時引退。 富司純子は若い頃から美貌で知られ、映画やバラエティ番組で活躍。 結婚に際し、富司純子の父親や周囲からの猛反対があった。 富司純子の娘、寺島しぶが女優として成功を収め、母との関係に苦悩を抱えていたことを明かす。 小久郎の不倫疑惑が浮上し、寺島しぶがその事実を語る。 富司純子は1974年に芸能界に復帰し、以降もコンスタントに活動を続けている。 富司純子は2024年に79歳を迎えるが、健康状態に関する噂も存在。

Britain’s revolving door borders laid bare: Career criminal deported to Romania for illegal gambling on Westminster Bridge is arrested on same spot 10 weeks later after sneaking back into the UK

Britain’s ‘revolving door’ borders were laid bare again today as MailOnline reveals how a career criminal was deported to Romania and banned from the UK only to be arrested on almost the same spot in London weeks later. Ionut Stoica has been thrown into prison for the next 16 weeks before he will be flown back to his home country for what appears to be at least the third time. It came as net migration to Britain hit a record 906,000 in the year to June 2023, astonishing figures revealed on Thursday, made worse because the ONS admitted missing 166,000 migrants, making it the new highest year on record.

Leave a Reply

Your email address will not be published. Required fields are marked *