Judge orders Martin Shkreli to turn over all copies of unreleased Wu-Tang Clan album
CTV
Martin Shkreli, once dubbed 'Pharma Bro' for boosting the price of a life-saving drug, was ordered by a federal judge Monday to turn over all copies of Wu-Tang Clan's unreleased 'Once Upon a Time in Shaolin' album to his lawyers by Friday.
Martin Shkreli, once dubbed "Pharma Bro" for boosting the price of a life-saving drug, was ordered by a federal judge Monday to turn over all copies of Wu-Tang Clan's unreleased "Once Upon a Time in Shaolin" album to his lawyers by Friday.
Judge Pamela K. Chen in Brooklyn wrote that Shkreli must produce all copies of what is sometimes referred to as the world's rarest album and report the names of anyone he distributed the music to by Sept. 30, along with any revenues he received from it.
In June, Shkreli was sued by a cryptocurrency collective that bought the only known copy of the album for US$4.75 million.
The collective, PleasrDAO, accused Shkreli of retaining digital copies of the album in violation of their deal and disseminating them widely among his social media followers.
PleasrDAO attorney Steven Cooper said in a statement that Chen's ruling was "an important victory for our client."
He added: "We are pleased that Judge Chen recognized that immediate relief was necessary to thwart the continuing bad acts of Mr. Shkreli."
Edward Paltzik, a lawyer for Shkreli, said in an email that the judge's order maintained "the perceived status quo" of the lawsuit's progression and has "no bearing whatsoever on the final outcome of the case."
