A rare Wu-Tang Clan album once owned by Martin Shkreli has been sold by the feds.
has been sold by the feds ... wiping his slate clean with the U.S. of A., financially speaking.
The feds said Tuesday it sold"Once Upon a Time in Shaolin" ... Wu-Tang's only known physical copy that exists. You'll recall Shkreli, the guy who jacked the price of the AIDS/cancer medicine from $13.50 to $750 a pop,The sale of the album will cover the balance remaining on the $7,360,450 in forfeiture the judge ordered Shkreli to pay at his 2018 sentencing. According to legal docs, obtained by TMZ, the feds have already collected $5,121,967.70 ...
BTW ... the album includes a hand-carved, nickel-silver box as well as a leather-bound manuscript with lyrics and a certificate of authenticity.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Pharma Bro' Martin Shkreli's Wu-Tang Clan album sold to confidential buyerThe terms of the sale were confidential, as was the identity of the buyer, but the proceeds will be applied to the balance of the nearly $7.4 million Shkreli owes in forfeiture.
Read more »
U.S. Sells Unique Wu-Tang Clan Album Owned by Martin ShkreliThe U.S. government found a buyer for the Wu-Tang Clan album owned by Martin Shkreli that had only one physical copy in existence
Read more »
That Martin Shkreli Wu-Tang Clan Album Now Belongs to Someone ElseThe Department of Justice has sold Martin Shkreli's $2 million, one-of-a-kind Wu-Tang Clan album.
Read more »
Feds sell Martin Shkreli's Wu-Tang Clan albumThe Department of Justice announced Tuesday that the federal government sold the only copy of Wu-Tang Clan's unreleased album, “Once Upon a Time in Shaolin,' which was forfeited by former pharmaceutical executive Martin Shkreli after he was sentenced to seven years in prison in 2018.Why it matters: Shkreli, who was found guilty of wire and securities fraud and was heavily criticized for inflating the price of an AIDS drug by 5,000% overnight, bought the album in a 2015 auction for $2 million and
Read more »
Feds sell one-of-a-kind Wu-Tang Clan album forfeited by ‘Pharma Bro’ Martin ShkreliOnly one copy of the album, 'Once Upon a Time in Shaolin' was ever produced.
Read more »