Martin Shkreli must deliver the stored copies The Wu-Tang clanThe extremely rare album of Once upon a time in Shaolin by the end of the week, a New York federal judge ordered. The record the current ownerthe cryptocurrency collective PleasrDAO:is currently suing the disgraced former pharmaceutical executive, accusing him of playing the album for others after making digital copies. The judge told Shkreli to disclose the names of everyone he distributed the music to, as well as the income he received.
The judge’s order follows similar instructionLast month, Shkreli was restrained from streaming or distributing the recording under a seizure order that led to the album being seized by the US government in 2017 when Shkreli was convicted of securities fraud. PleasrDAO paid nearly $4 million for the album, which the Wu-Tang Clan intended to be a one-of-a-kind piece of art, in 2022, the year Shrekley was released from prison.
Shkreli’s legal representative said the order was “merely a preliminary measure entered by the court to preserve the perceived status quo until any discovery takes place.” The ongoing lawsuit accuses Shrekley of violating the forfeiture order by streaming the album to his social media followers, something he has repeatedly said he does publicly. X: account
There are several developments this spring Once upon a time in Shaolin Laura made an extremely rare album a little less exceptional. The first was a series of plays at the exhibition at the Australian Museum of Old and New Art, and the second was PleasrDAO’s release of the album as non-fungible token (NFT)— whose partial ownership gives buyers access to an album sampler.
RZA and Cilvaringz said during the NFT announcement: “Mass duplication has fundamentally changed the way we view recorded music, while digital ubiquity and disappearing physicality have broken our emotional connection to musical creation as a work of art and profoundly. personal treasure.”