Judge Orders Martin Shkreli to Surrender All Copies of Rare Wu-Tang Clan Album
The court's directive follows allegations that Shkreli duplicated and shared the one-of-a-kind album, violating his forfeiture agreement.
- Shkreli must hand over any copies of 'Once Upon a Time in Shaolin' by Friday and provide a detailed list of recipients by September 30.
- The album, originally sold to Shkreli for $2 million, was later acquired by cryptocurrency collective PleasrDAO for $4 million.
- PleasrDAO's lawsuit claims Shkreli made unauthorized copies and streamed the album online post-forfeiture.
- Judge Pamela Chen's order aims to maintain the status quo until the case is resolved, with potential contempt charges for non-compliance.
- Shkreli's legal team argues the ruling does not imply guilt but is a temporary measure.