Is Martin Shkreli's $2 million Wu-Tang Clan album a fake?

Is Martin Shkreli's $2 million Wu-Tang Clan album a fake?

Since winning Wu-Tang Clan's Once Upon a Time in Shaolin with a $2 million bid in an auction two years ago, Martin Shkreli has done just about everything to remind us that he's the one in possession of the most expensive album ever sold. Because the artist family involved with Wu-Tang is so large, the album is very loosely called a Wu-Tang album and it might end up just being an overly hyped project by RZA's protégé Cilvaringz who produced the material.

"When we did the verses, it was for a Cilvaringz album", Method Man manager James Ellis said.

In a recent article published by Bloomberg, Devin Leonard and Annmarie Hordern seem to have uncovered the truth behind the unique Wu-Tang album titled "Once Upon A Time In Shaolin". "We have no knowledge of that", Ellis said.

The one-of-a-kind, 21-track double-CD - titled "Once Upon A Time in Shaolin" - was made by "a little-known producer with a peripheral link to the storied rap group", Bloomberg said after on-the-record interviews with a trio of artists and managers connected to the project.

Brokerage Overview of: Agenus Inc. (AGEN)
The Firm focuses on the discovery and development of therapies that engage the body's immune system to fight cancer. The stock of Agenus Inc (NASDAQ:AGEN) has "Market Outperform" rating given on Wednesday, March 9 by JMP Securities.

"It's not an authorized Wu-Tang Clan album", Domingo Neris, manager of rapper U-God, told Bloomberg.

Wu-Tang Clan has a new album dropping this fall, but the story of their unreleased $2 million record is far from over. "Bloomberg is an overpriced, legacy software system that subsidizes a money-losing media company", Shkreli wrote. Shkreli, 34, earned notoriety for raising the price of a lifesaving drug by 5,000 percent and is now facing prison time over a fraud conviction; a judge revoked his bail this week after he offered Facebook followers $5,000 for a lock of Hillary Clinton's hair.

Exactly when the record was deemed to be a Wu-Tang project is unclear.

"As one of the few people who's heard several minutes of it, I can say with certainty that it sounds like a Wu-Tang album, bringing all the vivid urgency of 1990s NY into your eardrums", he writes.


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