Crime Judge orders Martin Shkreli to turn over all copies of unreleased Wu-Tang Clan album

[The Helper]

“Once Upon a Time in Shaolin" is sometimes referred to as the world's rarest album. In June, Shkreli was sued by a cryptocurrency collective that bought the only known copy of the album for $4.75 million.

Martin Shkreli, once dubbed “Pharma Bro” for boosting the price of a life-saving drug, was ordered by a federal judge Monday to turn over all copies of Wu-Tang Clan’s unreleased “Once Upon a Time in Shaolin” album to his lawyers by Friday.

Judge Pamela K. Chen in Brooklyn also wrote that Shkreli must produce all copies of what is sometimes referred to as the world's rarest album and report the names of anyone he distributed the music to by Sept. 30, along with any revenues he received from it.

In June, Shkreli was sued by a cryptocurrency collective that bought the only known copy of the album for $4.75 million.

The collective, PleasrDAO, accused Shkreli of retaining digital copies of the album in violation of their deal and disseminating them widely among his social media followers.

Judge orders Martin Shkreli to turn over all copies of unreleased Wu-Tang Clan album

“Once Upon a Time in Shaolin" is sometimes referred to as the world's rarest album. In June, Shkreli was sued by a cryptocurrency collective that bought the only known copy of the album for $4.75 million.

www.nbcnews.com

 

[The Helper]

Turns out Martin Shkreli copied his $2M Wu-Tang album—and sent it to “50 different chicks”

"Of course I made MP3 copies, they're like hidden in safes all around the world."

The members of PleasrDAO are, well, pretty displeased with Martin Shkreli.

The "digital autonomous organization" spent $4.75 million to buy the fabled Wu-Tang Clan album Once Upon a Time in Shaolin, which had only been produced as a single copy. The album had once belonged to Shkreli, who purchased it directly from Wu-Tang Clan for $2 million in 2015. But after Shkreli became the "pharma bro" poster boy for price gouging in the drug sector, he ended up in severe legal trouble and served a seven-year prison sentence for securities fraud.

He also had to pay a $7.4 million penalty in that case, and the government seized and then sold Once Upon a Time in Shaolin to help pay the bill.

The album was truly "one of a kind," a protest against the devaluation of music in the digital age and the kind of fascinating curio that instantly made its owners into "interesting people." The album came as a two-CD set inside a nickel and silver box inscribed with the Wu-Tang logo, and the full package included a pair of customized audio speakers and a 174-page leather book featuring lyrics and "anecdotes on the production."

Turns out Martin Shkreli copied his $2M Wu-Tang album—and sent it to “50 different chicks”

"Of course I made MP3 copies, they're like hidden in safes all around the world."

arstechnica.com