U.S. Government Sells Wu-Tang Clan Album Forfeited By Convicted Hedge Fund Manager Martin Shkreli
It was previously ordered to be forfeited as a substitute asset in connection with the close to $7.4 million forfeiture judgement against Shkreli.
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It was previously ordered to be forfeited as a substitute asset in connection with the close to $7.4 million forfeiture judgement against Shkreli.
Shkreli was convicted of defrauding investors in two hedge funds.
"I was wrong, I was a fool. I should have known better," Shkreli wrote in his letter to Brooklyn federal court Judge Kiyo Matsumoto.
"Pharma Bro'' Martin Shkreli was back in court Friday for a hearing about whether he should forfeit millions of dollars in assets.
A judge ruled the provocative online antics of Shkreli, who is awaiting sentencing for a securities fraud conviction, were bad enough to put him behind bars.
Less than an hour after a U.S. jury convicted Martin Shkreli of securities fraud, the so-called ``Pharma Bro'' was back at his New York City apartment doing what comes naturally: trash talking in a live-stream on YouTube.
Martin Shkreli's trolling of his own trial has amused some onlookers. But legal experts say it could have serious consequences when it comes time for sentencing.
The former biotech CEO, nicknamed "Pharma Bro," is best known for hiking up the price of a life-saving drug and for trolling his critics on social media.
A defendant in a money laundering case has at least two things in common with "Pharma Bro" Martin Shkreli -- the same name and the same judge.
Jurors are on their fourth day of deliberations at the securities fraud trial of former pharmaceutical company CEO Martin Shkreli.
Tuesday marked the second day of jury deliberations in the securities fraud trial of former pharmaceutical boss Martin Shkreli.
On Friday, the jury heard closing arguments by prosecutors accusing Shkreli of looting his own drug company to pay back disgruntled investors in two failed hedge funds he ran.
The jury sat through four and a half weeks of testimony on fraud charges dealing with a hedge fund, although it has nothing to do with the company Shkreli is most famous for.
Prosecutor Alixandra Smith told a jury Thursday that Shkreli repeatedly lied to investors about how much money was in one of the funds as it was going under.
The jury in the securities fraud trial of "Pharma Bro" Martin Shkreli won't be hearing from the former biotech CEO.
Lawyers for Shkreli complained Tuesday that news coverage is tainting the jury pool.
Federal prosecutors say Shkreli, who sparked outrage in 2015 when he increased the price of a life-saving drug used by AIDS patients from $13 to $750, cheated investors out of millions in a Ponzi scheme.
Embattled pharmaceutical executive Martin Shkreli is giving some people what they want -- a chance to punch him in the face.
Prosecutors have filed additional criminal charges against Martin Shkreli, the pharmaceutical executive who separately was criticized for raising the price of a lifesaving malaria medication.
A Long Island artist has sued ex-pharmaceutical CEO Martin Shkreli and others over use of his art in a Wu-Tang Clan album.
Pharmaceutical chief Martin Shkreli refused to testify Thursday in an appearance before U.S. lawmakers who excoriated him over severe hikes for a drug sold by a company that he acquired.
Bad-boy ex-pharmaceutical company CEO and prolific social media user Martin Shkreli has been muzzled.
Martin Shkreli, the pharmaceutical executive arrested Thursday on charges of securities fraud related to a company he previously ran, has resigned as the head of one of the companies he now runs, Turing Pharmaceuticals.
Former hedge fund manager and controversial pharmaceutical company CEO Martin Shkreli has pleaded not guilty through his lawyer to securities fraud charges.
A Hunter College professor is under fire for comments caught on a hot mic during a Zoom meeting. Some are calling the remarks racist.
The Cavaliers pulled away in the second half for a 109-94 victory over the Knicks on Tuesday night.
The Mavericks beat the Nets 123-114 on Tuesday night after both teams arrived in New York earlier in the day.
President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on immigration, the economy, tariffs and more.
Authorities in the San Francisco Bay Area have arrested three people from the East Coast on suspicion of identity theft in an alleged bank fraud case, including a woman who was reported missing several months ago.
A Hunter College professor is under fire for comments caught on a hot mic during a Zoom meeting. Some are calling the remarks racist.
Two dogs are safe on Long Island after a terrifying run on Sunrise Highway in the middle of Monday's blizzard.
New York City Mayor Zohran Mamdani is calling on New Yorkers to treat police with respect after video shows some officers getting pelted with snowballs Monday.
New York City Public School students returned to in-person classes Tuesday morning as the city continued to dig out following Monday's historic blizzard.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
The storm has started to wrap up in New York City, New Jersey and beyond, with impressive snow totals left in its wake.
A blizzard warning has been issued for New York City and the surrounding area as a major snowstorm develops along the coast.
New Jersey is facing a lawsuit over a recent directive limiting immigration operations in state-controlled buildings.
New Jersey Gov. Mikie Sherrill commended the state's response to the major blizzard, but she said they aren't out of the woods yet.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
The Long Island Rail Road, NJ Transit and other commuter rails are running Tuesday but with modified schedules after a major snowstorm hit the Tri-State Area.
NJ Transit will be back in action on Monday afternoon, with limited service beginning to ramp up after 4 p.m.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
The Long Island Rail Road, NJ Transit and other commuter rails are running Tuesday but with modified schedules after a major snowstorm hit the Tri-State Area.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
The storm has started to wrap up in New York City, New Jersey and beyond, with impressive snow totals left in its wake.
President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on immigration, the economy, tariffs and more.
New Jersey Gov. Mikie Sherrill commended the state's response to the major blizzard, but she said they aren't out of the woods yet.
President Trump delivered the 2026 State of the Union address before a joint session of Congress Tuesday night. See a full replay here.
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
Military planners are advising President Trump that any strike on Tehran's assets would almost certainly not be a singular, decisive blow.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Springsteen is taking his "Land Of Hope And Dreams American Tour" nationwide starting in the spring.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
The Cavaliers pulled away in the second half for a 109-94 victory over the Knicks on Tuesday night.
The Mavericks beat the Nets 123-114 on Tuesday night after both teams arrived in New York earlier in the day.
Karl-Anthony Towns had 28 points and 11 rebounds for his NBA-leading 39th double-double and the Knicks outlasted the sliding Bulls 105-99 on Sunday night.
Nicolás Fernández scored on a penalty kick in the second half and New York City FC tied the Los Angeles Galaxy 1-1 in a season opener before a sellout crowd of 30,510 at Dignity Health Sports Park.
The Milan Cortina Olympics ended Sunday with a closing ceremony inside the ancient Roman amphitheater, Verona Arena.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
Residents and skate advocates clash over a proposed Mount Prospect Park skate facility, as city officials promise an updated design this spring.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Multiple NYPD officers were hit during a pre-planned snowball fight in Washington Square Park. Now, Mayor Mamdani is at odds with the police commissioner. CBS News New York's Aziz Shuler breaks down what happened.
CBS News New York's Chris Wragge attended the 36th annual Babies Heart Fund Gala highlight surgical advances in pediatric cardiology and congenital heart surgery, Tuesday night.
A massive chain link was installed across the Hudson River to prevent the British Navy from advancing during the American Revolution. CBS News New York's Mary Calvi shares this piece of history.
Fire officials put out intense flames at a West Babylon apartment building on Long Island on Tuesday night.
Attendance dropped as New York City public school students returned to in-person classes Tuesday.
