Ever since the news broke Thursday that Turing pharmaceuticals CEO Martin Shkreli had been arrested and charged with fraud, the Internet has been abuzz with the big question his arrest naturally raises: What will happen to the new Wu-Tang Clan album?
If Shkreli is ultimately found guilty, the next stop for the sole copy of the legendary hip-hop group’s Once Upon a Time in Shaolin is likely the Asset Forfeiture Unit of the U.S. Marshals Service – that is, assuming he hasn’t destroyed or hidden it
Okay, backing up a bit: Shkreli is the 32-year-old “pharma bro” who came into the public eye this year when his company purchased the rights to a decades-old drug that treats a rare disease and jacked the price up by 5,000 percent. Under massive amounts of negative publicity and public opprobrium, he said he would consider lowering the price. Then, months later, he bragged that he wished he had raised the price even further.
Wu-Tang Clan — the wildly influential, New York-based hip-hop group that launched the careers of many well-known rappers — earlier this year announced that it was recording a new album and would make a single copy of it, which would be auctioned off to the highest bidder. The owner could do as he or she pleased with it, enjoying it privately or giving copies away for free, but would not be allowed to distribute it for money.
Naturally, the guy who bought it was Shkreli. He paid $2 million for the recording, and aside from his trolling Wu-Tang fans by bragging that he had it, that was the last anyone heard of it.
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