fbpx
Big Law

Martin Shkreli Allegedly Copied and Shared Rare Wu-Tang Clan Album

American investor Martin Shkreli is facing a new lawsuit for allegedly retaining and sharing recordings from a one-of-a-kind Wu-Tang Clan album that he was forced to sell following his 2017 conviction on securities fraud charges.

The lawsuit was brought Monday by a cryptocurrency collective, PleasrDAO, which purchased the only known copy of the album from Shkreli for $4.75 million. The album, “Once Upon a Time is Shaolin,” has not been released to the public, functioning as a rare contemporary art piece since it was auctioned off by the famed hip-hop group in 2015.

In the lawsuit filed in Brooklyn, New York, federal court, PleasrDAO accused Shkreli of retaining digital copies of the album in violation of their deal and disseminating them widely among his social media followers.

Read more at AP News

Back to top button