The verified twitter account of the New York branch of the FBI has commented on the status of Wu-Tang Clan’s Once Upon A Time In Shaolin, which was purchased by Martin Shkreli, who was arrested today.
“no seizure warrant at the arrest of Martin Shkreli today, which means we didn’t seize the Wu-Tang Clan album,” FBI New York writes on Twitter today (December 17).
The FBI New York’s tweet is as follows:
(The most recent story in this thread was published earlier today [December 17, 2015]. It is as follows.)
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Martin Shkreli was released on $5 million bond Thursday, according to CNBC.
At a hearing Thursday, Shkreli also had his travel restricted to specific portions of New York.
(The first story in this thread was published earlier today [December 17, 2015]. It is as follows.)
Martin Shkreli, pharmaceutical CEO and newly-revealed owner of Wu-Tang Clan’s Once Upon A Time In Shaolin album, was arrested by the FBI.
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According to a report from Bloomberg, the entrepreneur was arrested today (December 17) on securities fraud charges.
The website reports that prosecutors charged Shkreli with “illegally taking stock from Retrophin Inc., a biotechnology firm he started in 2011, and using it to pay off debts from unrelated business dealings.”
Additionally, the CEO is said to have “made secret payoffs and set up sham consulting arrangements.”
A press conference is currently scheduled for later today.
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Earlier this week, HipHopDX published an interview with Shkreli in which he spoke on his heightening irritation with RZA, plans to bail Bobby Shmurda out, and more.
“I bought the most expensive album in the history of mankind and fucking RZA is talking shit behind my back and online in plain sight,” Shkreli said while speaking with HipHopDX. “I’m just getting pissed off. That’s not the way I do business. If I hand you $2 million, fucking show me some respect. At least have the decency to say nothing or ‘no comment.’ The guy says ‘…before his business practices came to light.’ What the fuck does that mean? I fucking make money. That’s what I do. That’s why I can fucking afford a fucking $2 million album.”
For additional Martin Shkreli coverage, watch the following DX Daily:
