Shkreli Faces PleasrDAO Trade-Secret Lawsuit Over Wu‑Tang’s ‘Once Upon a Time in Shaolin’
Shkreli Faces PleasrDAO Trade-Secret Lawsuit Over Wu‑Tang's 'Once Upon a Time in Shaolin' U.S. District Judge Pamela Chen has allowed PleasrDAO's lawsuit against Martin Shkreli to proceed, alleging he copied and publicly played the one‑of‑a‑kind Wu‑Tang Clan album Once Upon a Time in Shaolin. The ruling lets novel trade‑secret claims move forward in what could become a landmark test of how traditional intellectual‑property and trade‑secret law apply to unique physical/digital art assets. Background In 2015 Martin Shkreli bought the unique Wu‑Tang album; it later became a government‑forfeited asset after his fraud conviction. PleasrDAO, a crypto/NFT/digital‑art collective, bought the album at a government auction. The album was designed to be highly exclusive and contractually restricted from commercial exploitation for many decades. PleasrDAO's Claims PleasrDAO alleges Shkreli admitted in livestreams and online…
