• 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

10 months 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

US Private Labor Market Remains Stable Amid Government Shutdown

chest

The Bybit TradFi Report indicates that the US private labor market is stable despite the ongoing government shutdown.

user avatarMiguel Rodriguez

Ethereum Whale 7 Siblings Acquires 1,601 ETH for $525 Million

chest

The cryptocurrency entity known as 7 Siblings made headlines by purchasing 1,601 ETH amidst a market dip, valued at approximately $525 million.

user avatarGustavo Mendoza

Market Impact of 7 Siblings' ETH Purchases

chest

The transaction activity of 7 Siblings impacts global markets and DeFi protocols due to the size of ETH purchases.

user avatarMaria Fernandez

Crypto Resilience Evident in Past Shutdowns

chest

The Bybit report illustrates the resilience of crypto markets during past government shutdowns, showing trends of short-term volatility followed by recovery.

user avatarRajesh Kumar

ZachXBT Questions Bankman-Fried Over Alleged Bribe to Chinese Authorities

chest

Blockchain investigator ZachXBT questions former FTX CEO Sam Bankman-Fried about a concealed $40 million transfer linked to bribing Chinese officials.

user avatarMaria Gutierrez

Sam Bankman-Fried Appeals Conviction in Federal Court

chest

Former FTX CEO Sam Bankman-Fried's lawyers appeal his conviction on seven criminal charges, claiming unfair trial conditions.

user avatarLuis Flores

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.