In a surprising turn of events, former pharmaceutical executive, Martin Shkreli, has been ordered by a New York federal judge to surrender any copies he possesses of the rare, unreleased Wu-Tang Clan album, “Once Upon a Time in Shaolin.” Shkreli had previously forfeited the album’s only physical copy to pay off court debts after being convicted of securities fraud in 2017.
The album, which was created by Wu-Tang Clan and auctioned in 2015 under the condition that it could never be publicly released, was purchased by Shkreli for $2 million. However, the current owner of the album has accused Shkreli of retaining digital copies and playing the music for others, in violation of the forfeiture order.
As the legal battle ensues, PleasrDAO, a cryptocurrency collective that now owns the physical copy of the album, has filed a lawsuit against Shkreli. The federal judge’s recent order prohibits Shkreli from possessing the album and its contents, marking an important victory for PleasrDAO.
With Shkreli’s legal representative emphasizing that the court order is only preliminary, the outcome of this high-profile dispute remains to be seen. Stay tuned for the latest updates on this intriguing saga.
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