This is a Shaolin news story, published by Ars Technica, that relates primarily to Wu-Tang Clan news.
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Tang ClanArs Technica
•63% Informative
Wu-Tang Clan album Once Upon a Time in Shaolin had only been produced as a single copy of Martin Shkreli's .
PleasrDAO bought the album for $4.75 million and created a non-fungible token ( NFT ) to show ownership of the album.
But after purchasing the album and sharing the collective ownership of its NFT deed, PleasRDAO discovered that its " one of a kind" object wasn't quite as exclusive as it had thought.
They have asked a federal judge to stop the sale.
A preliminary injunction prevents Shkreli from "possessing, using, disseminating, or selling any interest in the Wu -Tang Clan album " Once Upon a Time in Shaolin " A federal judge in Brooklyn issued a preliminary injunction ( PDF ) in the case as the two parties prepare to battle things out in court.
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