Martin Shkreli and Rapper Ghostface Killah of the Wu-Tang Clan.
Joe Marino | Chelsea Lauren | Getty Images
A one-of-a-kind album by the hip-hop group Wu-Tang Clan — which was forfeited by notorious”Pharma Bro” Martin Shkreli as part of his criminal conviction — has been sold by the U.S. government.
The buyer and the sale price of the album, “Once Upon a Time in Shaolin,” were not revealed by prosecutors, because of a confidentiality provision in the contract.
Shkreli, who is serving a seven-year prison sentence for his August 2017 securties fraud conviction in Brooklyn, New York, federal court, had been ordered to surrender the unique album as part of a forfeiture judgement of about $7.4 million.
“Proceeds from the sale of the Album will be applied to satisfy the outstanding balance owed on the Forfeiture Money Judgment,” the Brooklyn U.S. Attorney’s Office said in a press release Tuesday.
The acting U.S. Attorney for Brooklyn, Jacquelyn Kasulis, had lead the team of prosecutors at Shkreli’s trial.
“Through the diligent and persistent efforts of this Office and its law enforcement partners, Shkreli has been held accountable and paid the price for lying and stealing from investors to enrich himself. With today’s sale of this one-of-a-kind album, his payment of the forfeiture is now complete,” Kasulis said.
Martin Shkreli holds up a rare Wu-Tang Clan album for sale.
Source: Ebay
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