Martin Shkreli, the infamous ‘Pharma Bro‘ who gained notoriety for price-gouging life-saving drugs, has been ordered to surrender his rare copy of the Wu-Tang Clan‘s ‘Once Upon a Time in Shaolin‘ album. This comes as part of a court order to seize assets following his conviction on fraud charges.

The Rarest Album in Hip-Hop

The ‘Once Upon a Time in Shaolin‘ album is a unique piece of hip-hop history. Released in 2015, it was created by the legendary Wu-Tang Clan as an experiment in music ownership and value. The group produced a single copy of the album, which was then auctioned off to the highest bidder. Martin Shkreli, then the CEO of Turing Pharmaceuticals, won the auction with a bid of $2 million.

A Symbol of Excess

Shkreli’s purchase of the album was seen by many as a symbol of his excess and disregard for the welfare of others. This perception was further solidified when he was later arrested and charged with fraud. His actions sparked widespread outrage, particularly in the wake of his decision to raise the price of the life-saving drug Daraprim by 5,000 percent.

Seizure of Assets

Following his conviction on fraud charges, Shkreli has been ordered to surrender a number of assets, including the rare Wu-Tang album. The court order is part of an effort to seize $7.36 million in assets from Shkreli, which will be used to pay off the fines and restitution he owes.

A New Chapter for the Album

It remains to be seen what will happen to the ‘Once Upon a Time in Shaolin‘ album now that it has been seized from Shkreli. Some have speculated that it could be put up for auction once again, potentially raising money for a good cause. Others believe it may be donated to a museum or institution where it can be preserved and appreciated by fans of hip-hop.

Conclusion

Martin Shkreli‘s reign as the owner of the rarest album in hip-hop has come to an end. As the ‘Pharma Bro‘ faces the consequences of his actions, the world waits to see what will become of this unique piece of musical history. Will you be following this story? Let us know in the comments!

For more updates on this and other stories, be sure to check back with us regularly. And if you have any thoughts or opinions you’d like to share, feel free to reach out to us on social media.