Hand Over the Wu-Tang Album

Hand Over the Wu-Tang Album

Hand Over the Wu-Tang Album

Martin Shkreli, left, talks with reporters while standing next to his attorney Benjamin Brafman after leaving federal court in NY on August 4, 2017.

Shkreli is best known for raising the price of Daraprim, a then-62-year-old drug frequently used to treat HIV patients, from $13.50 to $750 a pill.

It had amassed bids of more than $1 million before Shkreli was remanded into custody in September for offering to pay his Facebook followers to grab Hillary Clinton's hair. As noted in an unrelated lawsuit, the album included a leather-bound book featuring drawings of Wu Tang Clan's nine members. "Accordingly, forfeiture of any assets is not an appropriate remedy".

Prosecutors say Shkreli accessed millions of dollars during the periods of time he committed securities fraud, and should be forced to "forfeit those funds he would not have had but for his criminal offenses". Proceeds from sales of Wu-Tang Clan's one-of-a-kind LP, Once Upon a Time in Shaolin; Lil Wayne's long-delayed, unreleased album The Carter V; a Pablo Picasso painting and a World War II-era code-breaking "Enigma machine" should go toward satisfying his forfeiture money judgment, Brooklyn prosecutors wrote in court papers on Friday (per The Washington Post).

SPD denies 'green light' for new German government, but keeps options open
Merkel's conservative bloc and the SPD lost support in that vote, while an anti-immigrant party surged into parliament, seriously complicating the coalition arithmetic.

Defending champ Clemson atop CFP rankings, followed by Auburn, Oklahoma, Wisconsin
Would that be enough to drop the defending national champions all the way out of the top four? Peach Bowl: No. 14 UCF vs. UW (12-0, 9-0 Big Ten ) moved up one spot to No. 4 in the College Football Playoff rankings revealed Tuesday.

'Tis the season: Melania Trump unveils White House Christmas decor
The standout feature, however, would have to be the 160-kilogram gingerbread house in the State Dining Room of the White House . The NCTA has presented the official White House Christmas tree since 1966.

Shkreli's counsel, private attorney Benjamin Brafman, could not be reached for comment.

Embattled former film executive Harvey Weinstein hired Brafman in November to defend him against a rising tide of sexual-harassment claims.

The recording that Shkreli has boasted he bought for $2 million is on a list of assets that prosecutors argue the jailed former pharmaceutical CEO should forfeit after his conviction earlier this year in a securities fraud scheme involving two failed hedge funds.

Greebel's trial took Wednesday, Thursday and Friday off this week and should resume Monday.

Related news



[an error occurred while processing the directive]