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Related: About this forumSole copy of Wu-Tang Clan album to be played to the public for first time at Mona
Source: The Guardian
Sole copy of Wu-Tang Clan album to be played to the public for first time at Mona
Once Upon a Time in Shaolin, the worlds rarest album once sold for $2m to Martin Shkreli, will be loaned to Tasmanias Museum of Old and New Art
Sian Cain
Mon 27 May 2024 15.01 BST
Last modified on Mon 27 May 2024 15.12 BST
Once Upon a Time in Shaolin, the Wu-Tang Clan album that exists in a single physical copy that was once bought by disgraced pharmaceutical entrepreneur Martin Shkreli for US$2m, will finally be available to hear if you can get to Tasmania.
The Museum of Old and New Art (Mona) in Hobart has acquired the album on loan from digital art collective Pleasr for its upcoming exhibition Namedropping, which is set to explore status, celebrity and notoriety.
Once Upon a Time in Shaolin, sometimes referred to as the most valuable album ever made, was recorded in secret between 2006 and 2013 and is housed in an ornate silver box. It reportedly features contributions from all surviving members of Wu-Tang Clan and two appearances from Cher.
The albums rarity was intended as a statement about the impact of streaming and piracy on the value of music, ...
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Read more: https://www.theguardian.com/music/article/2024/may/28/wu-tang-clan-once-upon-a-time-in-shaolin-album-played-first-time-tasmania-mona-martin-shkreli
oldsoftie
(13,538 posts)GiqueCee
(1,321 posts)... Shkreli, and his smarmy smirk, should spend some quality time locked in a room with all the people he fucked over.
oldsoftie
(13,538 posts)GiqueCee
(1,321 posts)... did you ever see any restitution?
oldsoftie
(13,538 posts)The short (no pun intended) story is this; Shkreli had a large following online. He would post his stock picks. So a company I was invested in had applied for approval of a cancer diagnostic. Everything was going well. So he shorted the stock (BEFORE telling anyone) and filed a "citizens petition" asking that the FDA deny approval. His petition was full of false information, but by law it has to be investigated. THEN he posts to his followers what he'd done. The price of the stock dropped 30% in ONE day, IRRC. By the time the FDA denied his petition the damage had already been done. ALL of that was & still is legal.
Institutional short selling should be illegal. Short selling of any low volume/low market cap company should be illegal. And if you knowingly file a CP that contains false information you should be charged.
GiqueCee
(1,321 posts)... being the sociopath that he has repeatedly demonstrated himself to be, probably smirked all the way to the bank. He should never, ever breathe free air again.