Wu-Tang Clan’s infamous one-of-one album “Once Upon A Time In Shaolin” has been sold by the U.S. government, completing Martin Shkreli’s payment of forfeiture.
Today, NBC reports that the feds announced that that the album had finally been purchased, though confidentially agreements prohibit the identity of the buyer from being revealed. Additionally, the price paid for the album hasn’t been made public, either.
“Through the diligent and persistent efforts of this Office and its law enforcement partners, Shkreli has been held accountable and paid the price for lying and stealing from investors to enrich himself,” Acting U.S. Attorney Jacquelyn M. Kasulis said in a press release Tuesday. “With today’s sale of this one-of-a-kind album, his payment of the forfeiture is now complete.”
The album was among the assets seized after Shkreli was convicted of securities fraud. The money made from the sale of the album will go towards a multi-million dollar judgment ordered against Shkreli.
Shkreli is serving a seven-year prison sentence for securities fraud. He had been ordered to surrender the unique album as part of a forfeiture judgment of about $7.4 million.