Wednesday, June 12, 2024

[U] Another Pharma-Crook Tangent: Martin Shkreli Is Enjoined Anew, In Brooklyn TRO… Stealing The Wu-.


More soon; here's the full federal order.

He must respond in writing by June 20. [And a unique feature of this Wu- recording is that he agreed not to play it for the public for 88 years, and never to make ANY copy of it. He's violated both conditions -- and after he already "sold" it.]

I doubt he’ll be able to afford competent counsel by then. Separately, his appeal of his life-time FTC banning from pharma petition (in the US Supremes) is due on the 21st. . . and candidly, there is really no defense for what he did to the Wu-property. He did it in a recorded and very public fashion, effectively stealing a property he had already sold, and seen the benefit of a $4 plus million payday, on.

Earlier yesterday, at another property -- we offered this:

Martin has long said publicly that he (plainly lawlessly) kept a burner copy of the Wu-, on one laptop or another. In Condor's experienced opinion, that act of defiance violated his felony judgment, and asset turnover order (see bottom of the last page -- surrender and forefeit "all property interests in Wu-. . .") -- among other things. . . without any doubt, whatsoever.

Well, the guy apparently held an illicit, lawless "listening party" Sunday night, streamed over Spaces YouTube. . . after he learned that the parties that paid over $4 million for it (and thus reducing his judgment debt to the feds by that amount) were set to play it in a museum in Australia, with the permission of the remaining members of the Wu-Tang Clan.

Now, this is a civil suit at the moment in Brooklyn, but his felony convictions case before Judge Matsumoto is now docketed as a related case, to this one. [Here's the 32 page memo of law.]

That is so, because his relatively light sentence (under seven years) was predicated on his not violating any other laws (beyond misdemeanor levels), by willful deceit, among many other matters.

In fact, the charity that sued him yesterday makes this point forcefully -- that he still has about two years to go, on his supervised release -- and stealing / misappropriation of others' intellectual property -- where he well knew, and knows -- per his own recent written admissions, that this set of actions were unlawful. . . is a very bad look:

. . .On June 9, 2024, Shkreli purportedly hosted a “Wu Tang official listening party” on his X account in which he played music from the Album to potentially over 4,900 listeners. Id. ¶ 24; Ex. M. . . .


Judge Matsumoto just might. . . take note.

Yikes. The guy is his own worst enemy.

Here's the complaint. Damages are sort of irrelevant, as he cannot pay them in any event -- but a referral to the AUSA in Brooklyn that he did these things willfully... that could leave a mark.

The man seems to want to return to... FCI Allenwood.

I N S A N E.

Here (Condor's take?) he risks a return to prison, for violating his felony supervision orders.

नमस्ते

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