{"id":13317,"date":"2024-06-13T16:54:15","date_gmt":"2024-06-13T16:54:15","guid":{"rendered":"https:\/\/bigjimindustries.com\/wordpress\/?p=13317"},"modified":"2024-06-27T16:56:41","modified_gmt":"2024-06-27T16:56:41","slug":"wu-tang-shkreli","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2024\/06\/13\/wu-tang-shkreli\/","title":{"rendered":"Wu-Tang Shkreli"},"content":{"rendered":"\n<p><em><a href=\"https:\/\/news.artnet.com\/art-world\/martin-shkreli-sued-copying-secret-wu-tang-clan-album-2499945\" target=\"_blank\" rel=\"noreferrer noopener\">from artnet<\/a><\/em><\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Martin Shkreli Sued for Allegedly Copying One-of-a-Kind Wu-Tang Clan Album<\/h1>\n\n\n\n<p>The lawsuit alleges Shkreli played the music on social media and bragged about it.<\/p>\n\n\n\n<p>by <a href=\"https:\/\/news.artnet.com\/about\/adam-schrader-34468\" target=\"_blank\" rel=\"noreferrer noopener\">Adam Schrader<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/news.artnet.com\/app\/news-upload\/2024\/06\/martin-shkreli-court-2017-getty-1024x683.jpg\" alt=\"\" title=\"\"\/><figcaption class=\"wp-element-caption\"><em>Martin Shkreli outside the U.S. District Court for the Eastern District of New York, 2017. Photo: Drew Angerer\/Getty Images.<\/em><\/figcaption><\/figure>\n\n\n\n<p>The media-dubbed \u201cpharma bro\u201d Martin Shkreli, who served four years of a seven-year sentence in prison for securities fraud, is now facing a lawsuit alleging he copied the secret Wu-Tang Clan album he was forced to sell after his conviction.<\/p>\n\n\n\n<p>Wu-Tang Clan, the pioneering hip-hop group formed on Staten Island in 1992, sold its album\u00a0<em>Once Upon a Time in Shaolin<\/em>\u00a0(2015) to Shkreli for $2 million in a 2015 auction by Paddle8. It was seized by the U.S. government, which\u00a0<a href=\"https:\/\/news.artnet.com\/market\/martin-shkreli-forced-sell-unique-wu-tang-record-1992985\" target=\"_blank\" rel=\"noreferrer noopener\">sold it to PleasrDAO<\/a>, a collective of digital art enthusiasts and cryptocurrency investors, for $4.75 million in 2021.<\/p>\n\n\n\n<p>The album, released as a single physical copy enclosed in a handcrafted silver and nickel case, stands as a unique artistic statement that challenges the commodification and mass production of music in the digital age and draws parallels to fine art, a field where scarcity enhances value and significance. When the album was sold to PleasrDAO, the ownership deed came\u00a0<a href=\"https:\/\/news.artnet.com\/market\/cryptocurrency-collective-bought-wu-tang-clan-album-2023664\" target=\"_blank\" rel=\"noreferrer noopener\">in the form of an NFT<\/a>.<\/p>\n\n\n\n<p>[ <a href=\"https:\/\/news.artnet.com\/art-world\/martin-shkreli-sued-copying-secret-wu-tang-clan-album-2499945\" target=\"_blank\" rel=\"noreferrer noopener\">click to continue reading at artnet<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>from artnet Martin Shkreli Sued for Allegedly Copying One-of-a-Kind Wu-Tang Clan Album The lawsuit alleges Shkreli played the music on social media and bragged about it. by Adam Schrader The media-dubbed \u201cpharma bro\u201d Martin Shkreli, who served four years of a seven-year sentence in prison for securities fraud, is now facing a lawsuit alleging he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-13317","post","type-post","status-publish","format-standard","hentry","category-culture-art"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/13317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=13317"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/13317\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=13317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=13317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=13317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}