In late 2016, he claimed to have acquired the only copy of Lil Wayne's unreleased "Tha Carter V", even playing what he said was part of the album's first track online. They then listed his "Once Upon A Time in Shaolin" album, which Shkreli bought for $2 million - before he became the "most hated man in America" for dramatically jacking up the price of a life-saving drug.
Prosecutors are seeking a forfeiture of $US7.36 million, which they say that the former Turing Pharmaceuticals CEO obtained as a result of his securities fraud.
In an effort to sell their album as "a piece of art" rather than just simply releasing the music, Shkreli's purchase of the exclusive and unheard work caused, to quote Wu-Tang Clan, "a motherfucking ruckus" amongst jealous audiophiles and pretty much anyone who knows the repugnant back-story behind Shkreli's insane wealth.
Shkreli, on the other hand, plans to "vigorously oppose the government motion".
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"Our position is clear: None of the investors lost any money, and Martin did not personally benefit from any of the counts of conviction", Brafman said in a statement. "Accordingly, forfeiture of any assets is not an appropriate remedy". He later got into a public dispute with members of the rap group, at one point releasing a weird video in which he - surrounded by masked men - threatened to erase Ghostface Killah from the album entirely.
"I tried to tell Martin that would be the smartest thing to do with it", he said.
Shkreli's life has changed dramatically in recent months as he has been forced to deal with the consequences of his conviction.
Shkreli, 34, is being held at Brooklyn's Metropolitan Detention Center while awaiting sentencing.