There was only one copy sold of Wu-Tang’s “Once Upon a Time in Shaolin” album and Martin Shkreli bought it with stolen money.
The US Government seized it, but instead of giving it back to RZA they sold it themselves and kept the money.
Earlier today, the United States sold the sole copy of the Wu-Tang Clan album “Once Upon a Time in Shaolin” (the “Album”) which had previously been ordered to be forfeited as a substitute asset in connection with the approximately $7.4 million forfeiture money judgment (Forfeiture Money Judgment) entered against Shkreli at his March 2018 sentencing. Proceeds from the sale of the Album will be applied to satisfy the outstanding balance owed on the Forfeiture Money Judgment. The contract of sale contains a confidentiality provision that protects information relating to the buyer and price.
They didn’t disclose the buyer or how much they sold it for.
Will anyone ever hear it?
Time will tell.
Flip the page for the story of “Once Upon a Time in Shaolin”.