Shkreli was ordered to surrender the $7.4 million he fraudulently obtained, and to extract those funds, the Feds are making ready to seize Shkreli's many trappings of obscene wealth, including the unreleased Wu-Tang Clan album he bought so that no one else could listen to it, and a Picasso.
The motion seeks "substitute" assets to start covering those funds and, along with $5 million in cash for a bond, lists some peculiar items, among them an Enigma machine, a Picasso, and Tha Carter V — an unreleased Lil Wayne album that Shkreli claimed to have.
But the most eye-popping request is for the Wu Tang album, which still has not been heard by the general public. In September, Shkreli claimed to be selling the album on eBay, but it's unclear whether he actually did so. That wouldn't necessarily help his situation: prosecutors are seeking either the album or funds received through its sale.
The feds want Martin Shkreli's one-of-a-kind Wu Tang album
[Colin Lecher/The Verge]