Shkreli's Wu-Tang Album Could Be Seized by US Prosecutors

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Among the listed assets are a Wu-Tang Clan's Once Upon A Time In Shaolin and Lil Wayne's The Carter V, the latter of which many doubted Shkreli actually owned and was just more trolling.

Prosecutors on Thursday asked Brooklyn Federal Court Judge Kiyo Matsumoto to seize $7.4 million in assets from Shkreli, the former pharmaceutical executive and hedge fund manager who was convicted in August of defrauding investors. Along with the disk set, which he bought two years ago for $2 million from the celebrated NY hip-hop group, the government said it may also seek a Picasso painting he owns, his Enigma machine from World War II, and his interest in Turing Pharmaceuticals AG. He was found not guilty on five other counts.

Shkreli's interest in Daraprim maker Turing Pharmaceuticals should also be forfeited, as should the $5 million put up as bond in an E-Trade brokerage account, according to the letter.

He is now imprisoned in a Brooklyn jail after he was convicted of securities fraud in August.

Shkreli's Wu-Tang Album Could Be Seized by US Prosecutors
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The forfeiture demand comes in what are possibly the last days of a trial for Shkreli's former lawyer, Evan Greebel, who prosecutors say conspired with Shkreli in the securities fraud.

Shkreli's attorney, Ben Brafman, said he'll "vigorously oppose the government motion". "Accordingly, forfeiture of any assets is not an appropriate remedy", Brafman said.

Shkreli paid $2 million for the only existing copy of the Wu-Tang album at an auction in 2015. It had amassed bids of more than $1 million before Shkreli was remanded into custody in September for offering to pay his Facebook followers to grab Hillary Clinton's hair.

He's scheduled to be sentenced January 16.

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