A one-of-a-kind Wu-Tang Clan album could soon be back on the market.
Pharma felon Martin Shkreli was ordered Monday to forfeit nearly $7.4 million in assets – including the sole copy of Wu-Tang’s “Once Upon a Time in Shaolin” that he purchased for $2 million.
Brooklyn federal court Judge Kiyo Matsumoto gave the green light for federal prosecutors to also seize Shkreli’s “Tha Carter V” album by Lil Wayne and an unidentified Picasso painting, according to court filings.
In addition, Shkreli must forfeit $5 million in cash he has sitting in an E*Trade
The jailed 34-year-old bought the sole copy of Wu-Tang’s 21-track, double-sided album in 2015 – and later tried peddling it on eBay
for a little more than half the price.
It’s unclear whether he sold the album, which was rumored to be a fake.
The forfeiture order for $7,360,450 is a win for prosecutors, who wanted to go after proceeds they said he had acquired in connection to his securities fraud case.
A jury convicted Shkreli in August. He’s been locked up since September after putting a $5,000 bounty on Hillary Clinton’s hair.
Shkreli could face a sentence of 27 years or more, under federal sentencing guidelines, at his sentencing March 9.
He had fought against the forfeiture, saying he owes “significant amounts of money to New York State, the Internal Revenue Service, his accountants and his attorneys,” Matsumoto wrote in her order.