An unreleased Wu-Tang Clan album forfeited by Martin Shkreli after his securities fraud conviction has been sold for an undisclosed sum, which prosecutors say was enough to pay off the rest of what he owed on a US$7.4-million forfeiture order
This translation has been automatically generated and has not been verified for accuracy.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 US$7.4-million forfeiture order he faced after his 2018 sentencing.
Attorney Benjamin Brafman, who represented Shkreli, said he couldn’t comment because of the confidentiality order.Shkreli, 38, is scheduled for release in October 2022 after serving a seven-year prison sentence. Shkreli’s purchase of the Wu-Tang Clan album came as group member RZA said he wanted the album – packaged in a hand-crafted silver and nickel case which includes a 174-page book wrapped in leather – to be viewed as a piece of contemporary art.At sentencing, Shkreli also claimed to own an unreleased Lil Wayne album,sold more than one million copies and helped launch Lil Wayne to superstar status.
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