The only copy of an exclusive Wu-Tang Clan album that once belonged to former Pharma CEO Martin Shkreli has officially been sold.
According to The Hill, the Department of Justice (DOJ) announced on July 20 that Once Upon A Time In Shaolin had a new owner. However, the price and the buyer were not disclosed.
Jacquelyn Kasulis, acting US attorney for the Eastern District of New York, said in a press release, "Through the hard and persistent efforts of this office and its law enforcement partners, Shkreli has been held accountable and the price paid for lying and stealing from investors." to enrich yourself. With the sale of this one-of-a-kind album today, his expiry payment is now complete. "
Skhreli, the former hedge fund manager and pharmaceutical investor, originally made headlines when he raised the price of the HIV / AIDS drug Daraprim from $ 13.50 a pill to $ 750. It later got him into legal trouble and involved him in shady and fraudulent deals.
RELATED: Every Solo Wu-Tang Clan Album … Rank!
In 2018, a judge sentenced him to seven years in prison for defrauding investors in two failed hedge funds. He was formally charged and sentenced for securities fraud and his sentence.
Martin Shkreli's conviction came days after he was ordered to abandon both the unique Wu Tang clan album Once Upon A Time In Shaolin and Lil Wayne's unreleased Tha Carter V project.
Judge Matsumoto ruled March 5 that Shkreli must abandon multiple assets to pay for a $ 7.36 million loss due to securities fraud. Aside from the Wu and Wayne LPs, Shkreli also had to cash in on his e-trade brokerage account, stake in pharmaceutical company Vyera Pharmaceuticals, and a painting by Pablo Picasso.