Life & Culture / NewsLife & Culture / NewsMartin Shkreli forced to hand over super rare Wu-Tang album by fedsHahahaShareLink copied ✔️March 6, 2018March 6, 2018Text Anna Cafolla Self-styled Pharma bro and villain Martin Shkreli has been ordered by a federal judge to hand over $7.36 million in assets, including the sole copy of Wu-Tang Clan’s Open Upon a Time in Shaolin. This comes after his conviction for securities fraud in 2017, ahead of his upcoming sentence. The sentencing for his trial takes place on Friday (March 9), for two counts of securities fraud and conspiracy for deceiving and defrauding investors. He’s most notorious for raising the price of the drug Daraprim exponentially, a medication in the treatment of HIV/Aids patients. He’s also widely recognised as a 4-Chan hyped up, attention-seeking asshole that’s harassed journalists and made a threat against Hillary Clinton (which made a judge revoke his bail). Shkreli bragged about buying the super rare album for $2 million at auction in 2014. As Vulture reports, he will also be forced to forfeit an unreleased Lil Wayne album, and a Picasso artwork as well as millions in capital from a brokerage account. Back in 2015, RZA said the sale of Wu-Tang’s album came “before Martin Shkreli’s business practices came to light”, according to the Verge. The record comes in a silver plated box, with leather-bound liner notes. Its owner can do anything with it except release it commercially (an 88-year ban precedes over that). Last year, Shkreli held a live stream interview, where he played snippets of the album. Though he claims to have sold the album on, this has yet to be verified, and the feds will expect either the physical record or the proceeds from its sale. The rap group shared a diss track, “Lesson Learn’d”, about their dealings with the former hedge fund manager in September 2017. Shkreli faces up to 20 years in prison and could spend at least a decade behind bars. Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy Expand your creative community and connect with 30,000+ creatives from around the world.TrendingIt’s primetime to buy A24’s Robert Pattinson T-shirtThe production company has teamed up with streetwear label Farmer’s Daughter for a Primetime collaboration. Plus: all the fashion news you missed this week Fashion G-STARFashionCharlotte de Witte makes a revolutionary statement in G-STAR’s new campaignLife & CultureThe dA-Zed guide to the 90sFashionSeán McGirr, McQueen and fashion’s ‘rotten heart’FashionAngela Hill shares her August Barron SS27 photo diaryMusic5 must-read books about electronic musicArt & PhotographyThese photographers offer new visions of life in the SWANA region SelfridgesFashionSelfridges launch a young creatives open call in partnership with DazedFashionFetish photographer Eric Kroll captures the hottest looks of the seasonEscape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy