Featured Image for The Feds want Martin Skhreli’s Wu-Tang Clan album

The Feds want Martin Skhreli’s Wu-Tang Clan album

Karma is a bitch. And for Martin ‘Pharma Bro’ Shkreli, it comes in the form of surrendering his coveted US$2 million Wu-Tang Clan album, on top of a possible prison sentence of 20 years.

The guy everyone loves to hate first gained notoriety after he jacked up the price of an HIV treatment drug by an insane 5,000 percent.

Now, Shkreli is getting what he deserves after he was convicted of security fraud in August.

Federal prosecutors also want to seize US$7.4 million (AUS$9.7 million) in assets, including the Wu-Tang Clan’s Once Upon A Time in Shaolin album, a Picasso painting, a copy of the Lil Wayne album Tha Carter V, and an Enigma machine from World War II.

The 34-year-old former pharma execs and hedge fund manager has also been asked to forfeit his shares in Turing Pharmaceuticals, as well as US$5 million (AUS$6.5 million) in cash.

In an email with CNNMoney, Shkreli’s lawyer Ben Brafman said that they’ll “vigorously oppose the government motion.”

Shkreli is currently serving time in a Brooklyn prison as he awaits his sentencing on January 16, 2018.

He had been out on bail until September when a judge revoked his freedom due to a US$5,000 (AUS$6,500) offer he put out to get a strand of Hillary Clinton’s hair. He faces up to 20 years in prison.

About the author

Inigo is a writer and graphic designer from Manila, Philippines. He is a soldier of love who will carry you on his strong back of awesomeness when the zombie apocalypse arrives.

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