United States Sells Unique Wu-Tang Clan Album Forfeited by Convicted Hedge Fund Manager Martin Shkreli
Earlier today, the United States sold the sole copy of the Wu-Tang Clan album “Once Upon a Time in Shaolin” (the “Album”) which had previously been ordered to be forfeited as a substitute asset in connection with the approximately $7.4 million forfeiture money judgment (Forfeiture Money Judgment) entered against Shkreli at his March 2018 sentencing. Proceeds from the sale of the Album will be applied to satisfy the outstanding balance owed on the Forfeiture Money Judgment. The contract of sale contains a confidentiality provision that protects information relating to the buyer and price.
Jacquelyn M. Kasulis, Acting United States Attorney for the Eastern District of New York, announced the sale of the Album.
U.S. Government Sells Martin Shkreli’s Wu-Tang Clan Album to Unknown Buyer
Today, the United States Government sold the sole copy of Wu-Tang Clan’s Once Upon a Time in Shaolin to an undisclosed buyer for an undisclosed sum, according to a press release from the U.S. Attorney’s Office for the Eastern District of New York. According to the office, the contract for the sale “contains a confidentiality provision that protects information relating to the buyer and price.” Proceeds from the sale will go toward satisfying an outstanding $7.36 million judgment levied against the previous owner, disgraced pharma executive Martin Shkreli.
Hopefully this person will leak it one day.
Earlier today, the United States sold the sole copy of the Wu-Tang Clan album “Once Upon a Time in Shaolin” (the “Album”) which had previously been ordered to be forfeited as a substitute asset in connection with the approximately $7.4 million forfeiture money judgment (Forfeiture Money Judgment) entered against Shkreli at his March 2018 sentencing. Proceeds from the sale of the Album will be applied to satisfy the outstanding balance owed on the Forfeiture Money Judgment. The contract of sale contains a confidentiality provision that protects information relating to the buyer and price.
Jacquelyn M. Kasulis, Acting United States Attorney for the Eastern District of New York, announced the sale of the Album.
U.S. Government Sells Martin Shkreli’s Wu-Tang Clan Album to Unknown Buyer
Today, the United States Government sold the sole copy of Wu-Tang Clan’s Once Upon a Time in Shaolin to an undisclosed buyer for an undisclosed sum, according to a press release from the U.S. Attorney’s Office for the Eastern District of New York. According to the office, the contract for the sale “contains a confidentiality provision that protects information relating to the buyer and price.” Proceeds from the sale will go toward satisfying an outstanding $7.36 million judgment levied against the previous owner, disgraced pharma executive Martin Shkreli.
Hopefully this person will leak it one day.