I loved it.This site deals with my favorite rap group the Wu Tang Clan. “I’ve been listening to Wu-Tang since the mid-’90s. “It’s great music,” Scoolidge said of the album.

The lawyer, who was one of the few people to listen to “Shaolin,” added that he expects the collective to throw exclusive listening parties or gallery-style exhibitions to the album. Wu-Tang’s “Shaolin” album, which is kept in a bejeweled box, now belongs to NFT collectors PleasrDAO. “From my perspective, the coolest aspect of the album is the creative use of property and contract rights to the music as an element of the art,” he said. PleasrDAO did not return requests for comment, but attorney Peter Scoolidge, who handled the purchase for the collective, told The Post that the group could exploit the intellectual property rights of the album by expanding ownership of the album to fans, for instance. Deal talks heated up by June and were finalized a month later. The group of 74 NFT or non-fungible token collectors and artists, which is perhaps best known for buying and tokenizing the original Doge meme and purchasing Edward Snowden’s “Stay Free” artwork for 2,224 Ether, first approached the DOJ in April. That contract stipulates that the album cannot be released to the general public in any form until 2103 or 88 years from its initial sale in 2015. That buyer, PleasrDAO, revealed itself via Twitter on Wednesday, writing: “#Breaking Wu-Tang album secured.”Īlthough it unclear what PleasrDAO intends to do with the album, which is comprised of 31 tracks on two CDs, it is currently bound to Wu-Tang’s original contract. In July, the government agency said it offloaded the album to an undisclosed buyer to satisfy part of a $7.3 million forfeiture judgment against Shkreli, who is serving a seven-year sentence for security fraud.

The album, which is encased in a Baroque bejeweled box, was seized in 2018 along with Shkreli’s other assets by the Department of Justice. The single copy of “Once Upon a Time in Shaolin” was the only one ever made, and was initially bought by the business fraudster from the iconic rap group in 2015 for $2 million, making it the most expensive work of music ever sold. Method Man aims to tackle racial injustice with weed brandĪ group of crypto enthusiasts who go by the name “PleasrDAO” bought convicted “Pharma bro” Martin Shkreli ‘s Wu-Tang album for $4 million. Wu Tang, Crystal Waters come to Staten Island Raekwon talks Wu-Tang and growing up on Staten Island with Jalen Rose Jalen Rose talks Wu-Tang and retirement plans with RZA

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