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Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market.

But a new investigation reveals that Black, the chairman of the Museum of Modern Art, wired Epstein at least $50 million in the years after his 2008 conviction for soliciting prostitution from a minor.

In 2014, Epstein received several million dollars in fees from the company Black used to purchase much of his billion-dollar art collection.

In August, Black was subpoenaed by the US Virgin Islands in connection with the Jeffrey Epstein case.

(ARTnews)ART MARKETTop Asian Exec to Leave Sotheby’s – Vinci Chang, head of the modern art department at Sotheby’s Asia, is leaving the auction house.

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