The spiraling adventure of the world's most expense record continues. As you may recall, in 2015, Wu-Tang Clan announced that they were going to sell a single copy of their newest album Once Upon a Time in Shaolin. An undisclosed bidder bought the album for $2 million. As we all learned, the buyer was none other than total jerkwad Martin Shkreli, the lovable scamp who jacked the price of a critical HIV treatment pill from $13.50 a dose to $750.00. The sale made Shaolin the world's most valuable record, dwarfing the next highest platter, Ringo's personal copy of Beatles serial number 1, valued at $790,000. Since then, Shkreli was convicted of several counts of securities fraud.
14 weeks ago, prosecutors asked Judge Kiyo Matsumoto to seize $7.4 million in assets from Shkreli, including the Wu-Tang album, a rare Lil' Wayne, album, and other rare paintings and World War 2 artifacts. On Monday, Judge Matsumoto granted the motion. However, the judge's order allowed Shkreli to pay the amount due in cash. So, if he decides to come up with that amount in greenbacks, he can keep his rare records all to himself.
Shkreli is currently in the slammer awaiting sentencing, after being ordered to confinement due to the fact that he offered to pay people to assault then presidential candidate Hilary Clinton while he was out on bail. Sentencing is this Friday.