• 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

XRPBTC Pair Remains in Downtrend Amidst Resistance Challenges

chest

The XRPBTC pair is struggling to break through resistance levels, indicating a continued downtrend.

user avatarLeo van der Veen

Tron Network Achieves New Stablecoin Milestone

chest

The Tron network has reached a significant milestone as its stablecoin count surpassed 84 billion for the first time this week.

user avatarLi Weicheng

Meta's Shift Away from VR Raises Concerns in the Industry

chest

Meta's recent decisions signal a major shift in its approach to virtual reality, impacting developers and the broader VR market.

user avatarBayarjavkhlan Ganbaatar

Meta Reduces Workforce in Reality Labs, Shifts Focus from VR

chest

Meta has announced a significant reduction in its workforce within the Reality Labs division, cutting approximately 1,000 jobs, and shifting focus from virtual reality to wearable technology and AI.

user avatarTenzin Dorje

EU Explores New Import Tax Strategy for Chinese Electric Vehicles

chest

The European Union is considering a new import tax strategy that would replace high tariffs on Chinese electric vehicles with minimum price requirements to enhance trade relations.

user avatarMohamed Farouk

BYD Aims for 13 Million International Vehicle Sales in 2026

chest

BYD aims to sell 13 million vehicles internationally in 2026, a nearly 25% increase from 2025, as it faces challenges in the Chinese market.

user avatarDiego Alvarez

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.