Feds want to seize Martin Shkreli's Wu-Tang Clan album

Emmett Rice
December 4, 2017

The so-called "Pharma Bro" - once dubbed the "most hated man in America" - was convicted of fraud in August and remains in custody after having his bail revoked over threatening comments made about Hillary Clinton on social media.

Among the assets the Federal Bureau of Investigation proposed seizing are "the album "Once Upon A Time in Shaolin" by the Wu Tang Clan, as well as any proceeds derived from the sale of such album; the album "Tha Carter V" by Lil Wayne, as well as any proceedsderived from the sale of such album". The 34-year-old "should be held financially responsible and forfeit this amount as it was obtained by him as a result of the fraud", they said.

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After being convicted for multiple counts of fraud earlier this year, the villainous pharma prick Martin Shkreli may need to hand over his exclusive, $2 million dollar Wu Tang Clan album "Once Upon a Time in Shaolin" to the U.S. government.

Finally, the letter names a Picasso painting and the Enigma Code Machine, a famed device used to transmit encrypted messages in World War II, as two more assests the price-gouging convict should have to sell in order to pay up. However, his attorney Ben Brafman told TMZ that his client is not looking to give up any of it. "Forfeiture of any assets is not an appropriate remedy", Brafman said. None of the investors lost any money and Martin did not personally benefit from any of the counts of conviction. Shkreli released a series of videos of himself smugly listening to the album, but it has yet to be released to the public. In September, Shkreli posted Shaolin on eBay and registered a winning bid of $1 million by an unknown buyer.

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