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Market
Market value of Wu-Tang album post-lawsuit
2
Resolution / Starting Odds
Above $4.75 million • 33%
Between $3 million and $4.75 million • 33%
Below $3 million • 33%
Art market records, auction results, and public sale data
Story
Martin Shkreli Sued by PleasrDAO for Allegedly Copying $4.75M Wu-Tang Clan Album
Jun 11, 2024, 03:57 PM
Martin Shkreli, the convicted former pharmaceutical executive, is facing a lawsuit from PleasrDAO, a digital art collective, over allegations that he illegally copied and distributed the unique Wu-Tang Clan album 'Once Upon a Time in Shaolin.' PleasrDAO, which purchased the album for $4.75 million, claims that Shkreli violated a forfeiture order by making copies and sharing the music publicly. Thousands of people reportedly tuned in on Sunday to a live stream where Shkreli played the album, an event he called a 'Wu-Tang official listening party.' PleasrDAO argues that this activity constitutes misappropriation of trade secrets and greatly diminishes the album's value. The lawsuit was filed in New York.
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Similar markets
Auctioned to new owner • 33%
Returned to PleasrDAO • 33%
Held by US government • 33%
$3M-$4M • 25%
$4M-$5M • 25%
Over $5M • 25%
No new record • 25%
Increase in sales • 33%
No significant change • 34%
Decrease in sales • 33%
Less than $2.5B • 33%
$2.5B • 34%
More than $2.5B • 33%
Less than $100,000 • 25%
$100,000 to $200,000 • 25%
$200,001 to $300,000 • 25%
More than $300,000 • 25%
Settled out of court • 33%
Dismissed • 33%
Tupac's estate wins • 33%
Sales increase • 33%
Sales remain stable • 33%
Sales decrease • 34%