• 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

2 years 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 Shows Bullish Pennant Formation

chest

Technical analysis indicates a bullish pennant forming on Chainlink (LINK) as buy volume recovers.

user avatarSatoshi Nakamura

Volume Crucial for SUI's Bullish Flag Confirmation

chest

The success of SUI's bullish flag pattern hinges on trading volume, which is essential for confirming a breakout.

user avatarJesper Sørensen

SUI Forms Bullish Flag Pattern, Attracts Trader Attention

chest

SUI is gaining interest from technical traders as a bullish flag pattern appears on its daily chart, indicating potential for upward movement.

user avatarRajesh Kumar

Decline in Solana Whale Wallets Raises Concerns

chest

Decline in large Solana wallets raises concerns about market dynamics and investor sentiment.

user avatarLucas Weissmann

Binance Completes 36th Quarterly BNB Burn

chest

Binance has successfully completed its 36th quarterly BNB burn, permanently removing over 16 million BNB from circulation.

user avatarFilippo Romano

Symbiosis Finance Introduces Private USDT Swaps on TRON Network

chest

Symbiosis Finance has launched private USDT swaps and transfers on the TRON network, enhancing privacy for stablecoin transactions.

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.