In 2024, the global art market hit an estimated $57.5 billion (€49.5 billion) in sales, according to the Art Basel and UBS Art Market Report 2025, underscoring art’s significance as an asset class. Art is traditionally associated with noble motivations and heritage. However, the art market, with its high value per unit transactions, subjective and/or manipulated valuations, and relative opacity, can be exploited as a tool for criminal investment and money laundering, particularly through the purchase and resale of artworks to legitimize illicit funds.
