antimoneylaunderingregulations

UNITED STATES

$6.75 Million Award for 5Pointz Aerosol Artists Affirmed on Appeal
Two years ago, in one of the most important decisions applying the Visual Artists Rights Act of 1990 (VARA) since its adoption, New York’s Eastern District awarded $6.75 million in statutory damages to 21 graffiti artists whose aerosol works were intentionally destroyed by the owner of the buildings on which they were painted.
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