Martin Shkreli accused of copying one-of-a-kind Wu-Tang Clan album
Digital art collective that now owns album sues convicted pharmaceutical executive for making copiesThe convicted pharmaceutical executive Martin Shkreli has been sued in New York by a digital art collective that said it paid $4.75m for a one-of-a-kind album by the hip-hop group Wu-Tang Clan, only to learn that the man nicknamed Pharma Bro made copies and is releasing the music to the public.Shkreli paid $2m in 2015 for the album, Once Upon a Time in Shaolin, and gave it up to partially satisfy a $7.4m forfeiture order after his 2017 conviction for defrauding hedge fund investors and scheming to defraud investors in a drugmaker. Continue reading...
Digital art collective that now owns album sues convicted pharmaceutical executive for making copies
The convicted pharmaceutical executive Martin Shkreli has been sued in New York by a digital art collective that said it paid $4.75m for a one-of-a-kind album by the hip-hop group Wu-Tang Clan, only to learn that the man nicknamed Pharma Bro made copies and is releasing the music to the public.
Shkreli paid $2m in 2015 for the album, Once Upon a Time in Shaolin, and gave it up to partially satisfy a $7.4m forfeiture order after his 2017 conviction for defrauding hedge fund investors and scheming to defraud investors in a drugmaker. Continue reading...
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