Federal prosecutors want to seize the Wu-Tang Clan album that Martin Shkreli paid $2 million for

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December 1, 2017 6:26 PM

Federal prosecutors reportedly want to seize the former pharmaceutical executive Martin Shkreli's one-of-a-kind Wu-Tang Clan album as part of an assets seizure.

Federal prosecutors reportedly want to seize the former pharmaceutical executive Martin Shkreli's one-of-a-kind Wu-Tang Clan album as part of an assets seizure.
Shkreli paid $2 million for the Wu-Tang album at an auction in 2015.
He is currently imprisoned in a Brooklyn jail after he was convicted of securities fraud in August.

Federal prosecutors have reportedly asked a Brooklyn Federal Court judge that the former pharmaceutical executive Martin Shrekli turn over his one-of-a-kind Wu-Tang Clan album as part of an assets seizure.

According to CNNMoney, Shkreli's prosecutors are seeking to seize $7.4 million in assets from Shkreli, who was convicted of securities fraud in August and later imprisoned.

To collect the $7.4 million, the government has reportedly suggested it will keep the $5 million Shkreli paid in bail, and that the remaining money could be covered by Shkreli's other assets, including the Wu-Tang Clan album ("Once Upon a Time in Shaolin"),

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