• 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

Chainlink Faces Bearish Momentum Amidst Key Resistance Levels

chest

Chainlink is experiencing a bearish shift in momentum, with sellers gaining control in the short term. The 955 level remains a critical pivot for potential recovery.

user avatarElias Mukuru

Bitcoin and Gold Correlation Hits Record Low

chest

The correlation between Bitcoin and Gold has dropped to its lowest level since November 2022, indicating a strong negative relationship between the two assets.

user avatarDiego Alvarez

Ripple Advances in Regulatory Pathways for Banking License

chest

Ripple is making significant strides in its efforts to secure a full banking license in the United States.

user avatarMaria Fernandez

Ripple's CEO Discusses Potential Banking License Impact on XRP

chest

Ripple's CEO discusses the potential impact of securing a full banking license on XRP's price and market position.

user avatarKenji Takahashi

Bitcoin Coinbase Premium Gap Shows Positive Trend for 25 Days

chest

The Bitcoin Coinbase Premium Gap has remained positive for 25 consecutive days, indicating potential renewed demand from American institutional traders.

user avatarGustavo Mendoza

FBI Issues Warning About Fraudulent Tokens on Trons Network

chest

The FBI has issued a warning about fraudulent tokens on the Trons network that falsely claim to be from federal law enforcement.

user avatarRajesh Kumar

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.