The post ‘Pharma Bro’ Martin Shkreli Can Be Sued Over Wu-Tang Clan Album Copies, Judge Rules appeared on BitcoinEthereumNews.com. In brief Judge Pamela Chen ruled PleasrDAO can pursue trade secret claims, finding the album’s value lies in its secrecy. She dismissed claims of forfeiture, interference, and unjust enrichment on legal grounds. Shkreli previously argued in January that Wu-Tang members must be joined as parties to the case. A federal judge ruled Thursday that “Pharma Bro” Martin Shkreli can be sued for allegedly copying and distributing Wu-Tang Clan’s one-of-a-kind album “Once Upon a Time in Shaolin,” handing a partial victory to the digital art collective that owns the exclusive recording. U.S. District Judge Pamela Chen allowed PleasrDAO to move forward with trade secret misappropriation and property recovery claims against the former pharmaceutical executive in a 32-page decision, while dismissing other allegations on copyright preemption grounds. PleasrDAO’s lawsuit alleges Shkreli retained digital copies of the album after forfeiting it in 2018 to partially satisfy a $7.36 million judgment from his securities fraud conviction, then repeatedly played tracks for online audiences and offered to distribute files to social media users.  They won a temporary restraining order in June of last year, which immediately barred Shkreli from using, disseminating, or streaming the album. Judge Chen wrote Thursday that Shkreli “unlawfully retained and distributed copies” of the album. The ruling allows PleasrDAO to pursue damages, profits, and return of any copies Shkreli still possesses. Ishita Sharma, managing partner at Fathom Legal, told Decrypt the ruling is “remarkable because the court treated an unreleased hip-hop album as a potential trade secret—something usually reserved for recipes or corporate know-how.” Sharma said the ruling also signaled that cultural assets built on “secrecy and exclusivity” can find protection under trade-secret law and trim away claims overlapping with copyright, while reminding DAOs they are in “uncharted, but very real legal territory.” Wu-Tang Clan recorded the 31-track album between… The post ‘Pharma Bro’ Martin Shkreli Can Be Sued Over Wu-Tang Clan Album Copies, Judge Rules appeared on BitcoinEthereumNews.com. In brief Judge Pamela Chen ruled PleasrDAO can pursue trade secret claims, finding the album’s value lies in its secrecy. She dismissed claims of forfeiture, interference, and unjust enrichment on legal grounds. Shkreli previously argued in January that Wu-Tang members must be joined as parties to the case. A federal judge ruled Thursday that “Pharma Bro” Martin Shkreli can be sued for allegedly copying and distributing Wu-Tang Clan’s one-of-a-kind album “Once Upon a Time in Shaolin,” handing a partial victory to the digital art collective that owns the exclusive recording. U.S. District Judge Pamela Chen allowed PleasrDAO to move forward with trade secret misappropriation and property recovery claims against the former pharmaceutical executive in a 32-page decision, while dismissing other allegations on copyright preemption grounds. PleasrDAO’s lawsuit alleges Shkreli retained digital copies of the album after forfeiting it in 2018 to partially satisfy a $7.36 million judgment from his securities fraud conviction, then repeatedly played tracks for online audiences and offered to distribute files to social media users.  They won a temporary restraining order in June of last year, which immediately barred Shkreli from using, disseminating, or streaming the album. Judge Chen wrote Thursday that Shkreli “unlawfully retained and distributed copies” of the album. The ruling allows PleasrDAO to pursue damages, profits, and return of any copies Shkreli still possesses. Ishita Sharma, managing partner at Fathom Legal, told Decrypt the ruling is “remarkable because the court treated an unreleased hip-hop album as a potential trade secret—something usually reserved for recipes or corporate know-how.” Sharma said the ruling also signaled that cultural assets built on “secrecy and exclusivity” can find protection under trade-secret law and trim away claims overlapping with copyright, while reminding DAOs they are in “uncharted, but very real legal territory.” Wu-Tang Clan recorded the 31-track album between…