Martin Shkreli, who went from a guy massively marking up AIDS medication to becoming hip-hop's biggest troll, has been in hot water for most of the year. He's either getting hit in the face with dog shit, getting threatened with lawsuits by Lil Wayne, or having to deal with the feds, who are now looking to seize the rare Wu-Tang Clan and Lil Wayne albums he has in his possession.
Their seizure threats stem from prosecutors seeking money Shkreli owes after being convicted of defrauding investors. TMZreports that the feds have gone after Shkreli's assets, cobbling together $7.4 million from what he owns. It's said that the double-disc copy of Lil Wayne's The Carter V amd the one-of-a-kind Wu-Tang Clan album (that might not even be an album) Once Upon a Time In Shaolin that he reportedly paid $2 million for are among the assets the feds are looking to take from Shkreli.
They're also set to take a Picasso painting, an Enigma machine, $5 million in cash (from his E-Trade account), and his shares of Turing Pharmaceuticals.
In a statement to TMZ, Shkreli's attorney Ben Brafman says, "Our position is clear. None of the investors lost any money and Martin did not personally benefit from any of the counts of conviction. Accordingly, forfeiture of any assets is not an appropriate remedy."
No one is asking the real question: what happens to the albums? The feds will just be sitting on a copy of Carter V? Could someone figure out how to get their hands on it? And what about Once Upon a Time in Shaolin? We need some clarity on what happens to these projects they will be sitting on for who knows how long.
