Martin Shkreli made copies of his 2 million PleasrDAO Wu-Tang album

PleasrDAO’s Dispute with Martin Shkreli Over Wu-Tang Clan Album

PleasrDAO, a digital autonomous organization, is locked in a legal battle with Martin Shkreli, notorious for his pharmaceutical price hikes. The conflict centers around the Wu-Tang Clan album *Once Upon a Time in Shaolin*, which PleasrDAO purchased for $4.75 million. Shkreli originally bought the album for $2 million in 2015, but it was later seized by the government following his conviction for securities fraud.

The album, created as a single copy, symbolizes resistance to the devaluation of music in the digital age. However, PleasrDAO later learned that Shkreli had made multiple copies before the seizure. He publicly played tracks from the album on YouTube and offered them to others.

PleasrDAO has sued Shkreli, alleging that he violated the asset forfeiture order and misused trade secrets. Shkreli defends his actions, claiming that his ownership of 50% of the album’s copyrights allowed him to make copies before the government’s seizure.

Recently, a federal judge in Brooklyn issued a preliminary injunction. The judge ordered Shkreli to stop sharing the album and to surrender all copies. The court’s decision will determine the album’s fate and the legal implications of Shkreli’s actions.