{"id":7018,"date":"2025-07-22T16:47:10","date_gmt":"2025-07-22T16:47:10","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/u-s-government-reveals-price-tag-for-sale-of-one-off-wu-tang-clan-lp\/"},"modified":"2025-07-22T16:47:10","modified_gmt":"2025-07-22T16:47:10","slug":"u-s-government-reveals-price-tag-for-sale-of-one-off-wu-tang-clan-lp","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/u-s-government-reveals-price-tag-for-sale-of-one-off-wu-tang-clan-lp\/","title":{"rendered":"U.S. Government Reveals Price Tag for Sale of One-Off Wu-Tang Clan LP"},"content":{"rendered":"\n
\n\t\t\t\t<\/p>\n
\n

\n\tThe price tag behind the government\u2019s sale of Wu-Tang Clan\u2019s Once Upon a Time in Shaolin<\/em> album has been revealed. According to <\/em>Bloomberg<\/em>,<\/a> the Department of Justice sold the one-of-one Wu-Tang artifact for $2.23 million to WTC Endeavours Limited, a Hong Kong-based company, in 2018.<\/p>\n

\n

\n

\t\t\t\t\tExplore\t\t<\/p>\n<\/h3>\n

\n
\n

\n\t\tExplore\t<\/p>\n

\n
\n
\n

\t\t\t\t\t\t\"\"<\/p><\/div>\n<\/p><\/div>\n

<\/p>\n

\t<\/span><\/p><\/div>\n

\n

See latest videos, charts and news<\/p>\n<\/p><\/div>\n<\/div><\/div>\n

See latest videos, charts and news<\/p>\n<\/p><\/div>\n

\n\tFor those who don\u2019t recall the knotty history of Once Upon a Time<\/em>, \u201cPharmabro\u201d Martin Shkreli purchased the only copy of the 31-track album in a 2015 auction from Wu-Tang Clan for about $2 million. Later in the year, Shkreli was charged with securities fraud and convicted in 2017. In addition to his seven-year prison sentence, Shkreli also had to forfeit $7.4 million in assets.<\/p>\n

\n\tThe U.S. Attorney\u2019s office in New York announced in 2021 that the federal government had sold the album to \u201csatisfy the outstanding balance\u201d owed by Shkreli, but the price tag was kept a secret until earlier in July. <\/p>\n

\n\tPleasrDAO, a crypto collective, is the current owner of Once Upon a Time in Shaolin<\/em> after purchasing the album through an intermediary. The New York Times<\/em> <\/a>reported in 2021 that PleasrDAO paid an \u201cequivalent of $4 million in a cryptocurrency tied to the dollar\u201d for rights to the elusive project. <\/p>\n

\n\tLast year, PleasrDAO turned the album into an NFT, which allows the public to donate $1 and hear five minutes from Once Upon a Time in Shaolin<\/em>. While the album can\u2019t go to public consumption until 2103 (private listening parties are okay), each $1 purchase takes 88 seconds off the countdown. <\/p>\n

\n\tBillboard<\/em> has reached out to the Department of Justice for comment.<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

The price tag behind the government\u2019s sale of Wu-Tang Clan\u2019s Once Upon a Time in Shaolin album has been revealed. According to Bloomberg, the Department of Justice sold […]<\/p>\n","protected":false},"author":1,"featured_media":7019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1859,958,6498,5044,2188,269,5270,272,1858],"class_list":["post-7018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-clan","tag-government","tag-oneoff","tag-price","tag-reveals","tag-sale","tag-tag","tag-u-s","tag-wutang"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/7018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=7018"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/7018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/7019"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=7018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=7018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=7018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}