US Government Sells One-Off Wu-Tang Clan Album to Cover Martin Shkreli's Debt

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US Government Sells One-Off Wu-Tang Clan Album to Cover Martin Shkreli's Debt
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The U.S. government has sold the sole copy of Wu-Tang Clan’s 'Once Upon a Time in Shaolin' to cover former pharmaceuticals CEO & convicted felon Martin Shkreli's $7.4 million debt

said that after the album sale, payment of Shkreli’s forfeiture judgment “is now complete.”

Shkreli, the founder and managing member of hedge funds MSMB Capital Management and MSMB Healthcare Management and former CEO of publicly-traded biopharmaceutical company Retrophin, was convicted in August 2017 of two counts of securities fraud and one count of securities fraud conspiracy for defrauding investors in his hedge funds and manipulating the price and trading volume of Retrophin’s stock.

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