Justice in the United States has sold the most valuable album in the world to an unknown buyer. It’s about the album Once Upon a Time in Shaolin by the American hip-hop formation Wu-Tang Clan. The album was seized by law enforcement from the estate of convicted investor Martin Shkreli, who has become known as “the most hated man” in America.
It is not clear what amount was paid for the album, but according to justice it is enough to cover the $7.4 million fine imposed on Shkreli. It has been agreed with the buyer that his identity will remain secret.
Shkreli bought the album at auction in 2015 for about $2 million. It’s because of it Guinness Book of World Records proclaimed most valuable album in the world.
Only one copy of the album of the rap formation was made. Only a few people have heard of its contents. In addition to the album, the buyer will also receive a handmade storage box made of nickel and silver, a leather-bound piece with the lyrics and a certificate of authenticity.
The album does not only contain music from the Wu-Tang Clan, but also from Cher, Carice van Houten and some players from FC Barcelona. The project has been in the works for six years.
Shady pyramid scheme
Martin Shkreli, 38, got his nickname for buying a dirt-cheap AIDS drug and increasing its price by 5,000 percent. The drug Daraprim first cost $ 13.50, Shkreli asked $ 750 for it. After much commotion and criticism, ‘Pharma Bro’, as he was called, did lower the price.
Shkreli is now serving a seven-year prison sentence for fraud and deception of investors. He put out their money in bad investments and tried to recoup the lost millions through a shadowy pyramid scheme.
He had told investors that there was $40 million in the bank. In reality, it was only $300. He is likely to be released in 2023. Shkreli also tried to sell the album on eBay shortly before his conviction.
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