Judge bars 'pharma bro' Martin Shkreli from streaming Wu-Tang Clan album after suit says he copied it
- A judge temporarily barred notorious "pharma bro" Martin Shkreli from streaming or disseminating copies of a one-of-a-kind Wu-Tang Clan album he forfeited due to a criminal fraud conviction.
- The order came a day after PleasrDAO, the company that had bought the album, "Once Upon a Time in Shaolin," sued Shkreli in U.S. District Court in Brooklyn, New York.
- Shkreli became notorious for hiking the price of the livesaving drug Daraprim by more than 4,000% in 2015.
A federal judge temporarily barred notorious "pharma bro" Martin Shkreli from streaming or disseminating copies of a one-of-a-kind Wu-Tang Clan album he had forfeited as part of his criminal fraud conviction in 2017.
The order by Judge Pamela Chen on Tuesday night came a day after the company that had bought the album, "Once Upon a Time in Shaolin," for $4.75 million sued Shkreli in U.S. District Court in Brooklyn, New York.
The suit claims Shkreli, who remains on supervised release in his criminal case, apparently retained copies of the hip-hop album after it was sold, and played it online as recently as Sunday in violation of his forfeiture order.
A spokesman for the U.S. attorney's office in Brooklyn told CNBC "no comment" on Wednesday when asked if prosecutors were taking action against Shkreli in response to the claims in the civil suit by the Cayman Islands-based company PleasrDAO.
Chen in her order Tuesday wrote that PleasrDAO, "is likely to succeed on the merits" of the complaint, "or raise significantly serious questions going to the merits of the Forfeiture Order, violations of the Defend Trade Secrets Act," and "misappropriation of trade secrets."
The judge also scheduled a hearing for June 25 in the case, where she could continue the injunction on