July 27, 2021
Government Sells Martin Shkreli’s Wu-Tang Clan Album to Pay Debts
[ad_1] The United States Government has sold the one-of-a-kind Wu-Tang Clan album that convicted former pharmaceutical executive Martin Shkreli once owned to pay off Shkreli's debts.According to legal documents obtained by XXL on Tuesday (July 27), Shkreli was ordered to forfeit $7.4 million in assets after being found guilty of securities fraud back in 2018 after obtaining the manufacturing license for the drug Daraprim and inflating the price from $13.50 to $750 per pill. He was later sentenced to seven years in prison.Shkreli's forfeited assets includes his copy of Wu-Tang's Once Upon a Time in Shaolin album, which he purchased for $2 million and is the only copy to exist.The document also notes that "proceeds from...