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Andy Warhol sale breaks record as Steven A. Cohen unloads art

LA Times – An Andy Warhol work depicting a gruesome car crash has sold for $105.4 million at auction, a record amount for the pop artist. The sale was made Wednesday evening at a Sotheby’s auction of contemporary art in New York.

The auction also featured the sale of art owned by Steven A. Cohen, the hedge fund billionaire who heads SAC Capital Advisors. The Connecticut hedge fund recently plead guilty to insider trading and faces $1.8 billion in penalties as part of a deal with the government.

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