Wu-Tang Clan album sale pays off Martin Shkreli's court debt

An unreleased Wu-Tang Clan album forfeited by Martin Shkreli after his fraud conviction has been sold

NEW YORK -- An unreleased Wu-Tang Clan album forfeited by Martin Shkreli after his securities fraud conviction was sold Tuesday for an undisclosed sum, though prosecutors say it was enough to fully satisfy the rest of what he owed on a $7.4 million forfeiture order he faced after his 2018 sentencing. The entrepreneur known as “Pharma Bro” once boasted that he paid $2 million in 2015 at auction for “Once Upon a Time in Shaolin,” the 31-track double album the Wu-Tang Clan spent six years creating. "With today’s sale of this one-of-a-kind album, his payment of the forfeiture is now complete,” Acting U.S. Attorney Jacquelyn M. Kasulis in Brooklyn said in a release. Authorities said the sales contract for the album contained a confidentiality provision that protects information relating to the buyer and price.