• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Shkreli seeks Wu-Tang Clan's involvement in album lawsuit

user avatar

by Giorgi Kostiuk

a year ago


Martin Shkreli, known as 'Pharma Bro', has suggested involving Wu-Tang Clan members in the legal dispute over the group's unique album.

Shkreli's court motion

On January 6, Shkreli filed a dismissal motion in Brooklyn federal court, arguing that if the dismissal bid fails, Wu-Tang member Robert Diggs (known as RZA) and the album's producer Tarik Azzougarh (Cilvaringz) should be included in the lawsuit as 'they maintain a property interest in the copyrights' to the album. Shkreli claims that 'a determination that Plaintiff fully owns the Musical Work will disturb their 50% ownership and leave them subject to inconsistent and competing obligations.'

PleasrDAO's response

PleasrDAO sued Shkreli in June 2024, claiming he wrongfully held onto and threatened to release digital copies of the physical one-off Wu-Tang Clan album called Once Upon a Time in Shaolin, causing 'significant monetary and irreparable harm' to the group. DAO claims its purchase of the album from the government included an agreement wherein Shkreli gave up all rights, titles, and interests in the album. PleasrDAO stated that Shkreli's motion 'badly misconstrues the nature' of their lawsuit.

Lawsuit development

In August, Judge Pamela Chen ordered Shkreli to 'turn over all of his copies, in any form,' of the album and sign an affidavit stating he no longer possesses any copies. In September, PleasrDAO expressed doubts about Shkreli's complete compliance with the order and requested a deeper search. In January 2025, PleasrDAO's lawyers claimed 'there remain unresolved issues' with Shkreli's compliance with the order.

The legal battle between Shkreli and PleasrDAO continues, drawing attention from the public and Wu-Tang Clan members to the complex issue surrounding the unique album copy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Price Recovery Faces Resistance at 2,150

chest

Ethereum price has shown a recovery above 2,050 but struggles to surpass 2,150, indicating potential for short-term gains or losses.

user avatarSon Min-ho

SpaceX's Bitcoin Holdings Raise Questions About Crypto Strategy

chest

SpaceX is reportedly holding 8,285 BTC, valued at over $565 million, raising questions about its long-term crypto strategy.

user avatarAyman Ben Youssef

Shiba Inu's Burn Rate Plummets, Raising Supply Concerns

chest

Shiba Inu's burn rate has dramatically declined by 98% in March, raising concerns about supply management and potential selling pressure.

user avatarTando Nkube

Cooperation Agreement Signed at VIII Crypto Summit 2026

chest

Cooperation agreement signed between ANO Institute for the Development of the Crypto Industry and Lebedev Russian State University of Justice at VIII Crypto Summit 2026 to promote educational and expert initiatives in law and digital technologies.

user avatarNguyen Van Long

VIII Crypto Summit 2026 Takes Place in Moscow

chest

The VIII Crypto Summit 2026 took place in Moscow on March 25-26, attracting over 8,200 participants and featuring discussions on cryptocurrency regulation and market development.

user avatarKofi Adjeman

Polkadot's Fundamentals Strengthen Amid Market Weakness

chest

Polkadot's fundamentals are improving with a new supply cap and reduced emissions, despite the current weak price performance.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.