by Cedric ‘BIG CED’ Thornton
A federal judge ruled that he is forbidden from streaming or disseminating copies.
The Wu-Tang Clan’s album, “Once Upon A Time in Shaolin,” currently owned by PleasrDAO, was once owned by convicted pharmaceutical executive Martin Shkreli. PleasrDAO has successfully sued Shkreli after accusing him of keeping unauthorized copies of the album and distributing it without the company’s permission.
According to ArtNet, in a case before Judge Pamela Chen in the U.S. District Court for the Eastern District of New York, she ruled that Shkreli must turn over all copies of the rare album in his possession. He is also forbidden from streaming or disseminating copies of “Once Upon A Time in Shaolin.”
“Today’s ruling by the court is an important victory for our client PleasrDAO, who owns the exclusive rights to the one-of-a-kind-Wu-Tang Clan album,” Steven Cooper, an attorney for PleasrDAO, said in a written statement.
Forbes reported in June that hip-hop fans can purchase an NFT of the Wu-Tang Clan album for $1. Fans can access the album for $1 and hear a five-minute sampler. PleasrDAO stated that cryptocurrency is not required to purchase the NFT.
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Source: Black Enterprise
