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Art Industry News: A Distinguished Scholar Allegedly Helped a Bankrupt Socialite Sell a Dozen Fake Old Masters + Other Stories | Artnet News

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A distinguished scholar allegedly helped a bankrupt socialite sell a dozen fake Old Masters + more art industry news:

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Friday, September 30.The trading volume of NFTs has fallen 97 percent since January’s record high amid a wider $2 trillion reduction in the crypto sector.

Some 100 members of the museum’s labor union turned out to protest stalled payment negotiations as visitors arrived for after-hours programming. Art historian Malcolm Rogers doled out more than a dozen letters of authenticity on dubious paintings, including 12 Van Dyck copies or studio paintings that his friend, bankrupt socialite James Stunt, bought cheaply at auction.

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