• 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

DeFi Platforms Rise as Traditional Savings Options Decline

chest

DeFi platforms like Aave are becoming attractive alternatives for savers in the UK as traditional savings options decline, especially with upcoming cuts to cash ISA allowances.

user avatarAyman Ben Youssef

Market Sentiment and Technical Indicators Weigh on Dash

chest

The overall crypto market is currently risk-averse, impacting Dash's performance as Bitcoin dominance increases and altcoins lag behind.

user avatarKofi Adjeman

Dash Price Decline Amidst Privacy Coin Sector Weakness

chest

Dash's price has fallen below the $49 level due to a cooling off in the privacy coin sector and shaky market sentiment.

user avatarTando Nkube

Ethereum's Layer 2 Network Base Integrates with Solana

chest

Ethereum's Layer 2 network Base has achieved integration with Solana, enhancing efficiency for users.

user avatarNguyen Van Long

Syntax Verse App Now Accessible on Android and iOS.

chest

The Syntax Verse app has expanded its availability to both Android and iOS platforms.

user avatarSatoshi Nakamura

GeeFi Token Presale Surpasses 70% Sold Out

chest

The presale of the GEE token is gaining momentum, with over 94 million tokens sold and strong rumors of major exchange listings. Currently in Phase 2, the GEE token presale has already surpassed 70% sold out, allowing early investors to secure a position in a high-growth project before it hits major exchanges.

user avatarJesper Sørensen

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.