Wolfgang Beltracchi is an infamous artist who is perhaps most well known for getting caught selling forged art. He and his wife are now joining the world of non-fungible token collectibles. The German art forger and his wife had admitted they sold artworks from 14 different pieces for roughly $45 million. Beltracchi claimed that he had re-created the works of “about 50 artists” and said his profits exceeded $100 million. After a trial in Germany in 2011, Beltracchi was found guilty and served three years in jail. Beltracchi and his wife paid millions in restitution. What a wonderful couple to have joined the upright and honest world of NFT’s.
Beltracchi; in a Youtube video, explains “The Greats” NFT collection to be one of the most controversial artists in the world and the “Salvator Mundi” is the most expensive piece of artwork ever sold worldwide. Back in 2017, the “Salvator Mundi” sold for $450 million to the Saudi Arabian crown prince Mohammed bin Salman.
According to his own website “traditional art elite wants to bury Beltracchi” making his artwork a forgotten bad memory. Beltracchi claims that since he was arrested he has been banned from selling at famous auction houses, museums, and art galleries.
“It is in the art establishment’s utmost interest to maintain the status quo, and to continue to dictate what is and what isn’t art. This is why we utilize the Internet and the Ethereum blockchain to give the world unrestricted access to one of the last living old masters of our time.” Claims Beltracchi.