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A man maligned for raising the prices on life-saving drugs and then again recently for buying at auction the one and only copy of the Wu-Tang Clan's "Once Upon A Time In Shaolin" album, was arrested Thursday on unrelated securities fraud charges.
Hours later, answering the question on the minds of fans of the Wu-Tang Clan, the New York FBI tweeted that agents had not seized the album that Martin Shkreli had bragged about buying for $2 million just to "keep it from people."
Shkreli, a 32-year-old former hedge fund manager and relentless self-promoter who has called himself "the world's most eligible bachelor" on Twitter, pleaded not guilty in a federal court in Brooklynn after his arrest and was was released on $5 million bail.
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Wu-Tang Clan fans were hopeful they might someday hear the album after U.S. Attorney Robert Capers remarked, "We're not aware of where he got the funds that he raised for the Wu-Tang Clan album.”
While the fate of the album remains in the air, Wu-Tang Clan is already distancing itself from the fate of its music.
"The sale of 'Once Upon a Time in Shaolin' was agreed upon in May, well before Martin Shkreli's business practices came to light," group member RZA said, according to Reuters. "We decided to give a significant portion of the proceeds to charity."
The Associated Press contributed to this report.
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