It's basically a way to move money from one person to another, what's being transferred is money in lieu of art sale, art itself doesn't matter.
Imagine, if you are a Mafia boss and you want 20M from businessman and you want to use this money for legitimate purpose like buying a real estate property or buying a business.
What you do is, get some art and sell it an auction where your benefactor businessman is ready to bid, and that way money is transferred to your Mafia friend and it's all clean money at the end!
Well guys, it's due to lot of immigration and refugees specially Islamic ones freely moving inside EU through Sweden and Germany.
US has already paid once when Patriot act did not exist and everything was free, free movement of money and people. It doesn't want to repeat it again.
This is a bad move on part of EU as US doesn't let anyone in without strict background checks, so accept anyone from US to EU is relatively safe.
But reverse is not true due to refugee crisis.
Most people are missing the important context here charging based on ideals, not based on timeline and facts.
Probably some politician is getting under table deal which grants X shares in Proton to some anonymous company based in Cook Island in return of investment coming from tax payer money.
Unless ofc Proton is ready to disclose their financial statements and ownership structure, there is no reason to not believe in this corruption.
Unless ofc I can also purchase same number of shares in Proton using same amount of money, there is no reason to believe in anything other than corruption tale.
Why would EU invest in a private company with properitery technology?
It will never become Gmail, maybe it will become another FastMail.
Where were these regulators when Volkswagen was balls deep into Emmision Scandal in the US.