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Billionaire Steinhardt surrenders $70m of antiquities, accepts collecting ban -Manhattan DA - Vimarsana News

Billionaire Steinhardt surrenders $70m of antiquities, accepts collecting ban -Manhattan DA

US hedge fund billionaire and philanthropist Michael Steinhardt has surrendered $70m (at least $1.1bn) of stolen antiquities and accepted a first-of-its-kind lifetime ban on acquiring antiquities to resolve a criminal probe, Manhattan District Attorney Cy Vance said on Monday.