Justin Sun: David Geffen is attacking me personally, Le Nez is my legal property

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Cointime2025/04/19 10:01

By:Cointime

On April 19th, Sun Yuchen posted on X platform, saying: "David Geffen is attacking me personally. No matter how he defames my reputation, 'Le Nez' is my legal property, and I am fully confident in getting it back."

Earlier reports stated that Sun Yuchen had sued billionaire collector David Geffen, demanding the return of Alberto Giacometti's sculpture "Le Nez," claiming that a rogue art advisor sold the piece to David Geffen through a carefully planned scheme involving forged signatures and fictitious lawyers.

Sun Yuchen purchased "Le Nez" at Sotheby's in 2021 for $78.4 million, alleging that his former advisor Xiong Zihan Sydney orchestrated the deal without his consent, falsified documents, and even impersonated a lawyer through email to facilitate the transaction. Now Sun Yuchen wants his sculpture back, "or substantial compensation." David Geffen's lawyer Tibor L. Nagy stated that the lawsuit is "absurd and baseless," suggesting that Sun Yuchen simply regrets the transaction. The complaint does not include any allegations that Geffen had any connection or relationship with Xiong. "The deal was made through intermediaries," Nagy said, "If a year later Sun Yuchen is dissatisfied with the deal made by the intermediary for him, there is no reason to claim against David Geffen."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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