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dark comedy cold wallet explores crypto risks and the quest for redemption
In "Cold Wallet," director Cutter Hodierne crafts a darkly comedic thriller that explores the chaotic world of crypto through the eyes of Billy, a desperate father who bets everything on a new coin, Tulip. As the value plummets and its creator's fate becomes murky, Billy and his friends embark on a reckless mission for revenge, reflecting the absurdity and dangers of investing in a volatile market. The film serves as a commentary on capitalism's impact on individuals, highlighting the desperation that drives people to gamble on digital currencies despite the risks involved.
Martin Shkreli seeks dismissal of PleasrDAO's claims over Wu-Tang album ownership
Martin Shkreli has filed to dismiss PleasrDAO's claims regarding ownership of the Wu-Tang Clan's album "Once Upon a Time in Shaolin," arguing that the claims are preempted by the Copyright Act. PleasrDAO alleges Shkreli caused significant harm to the album's value by making unauthorized copies and playing it publicly. The legal battle continues as Shkreli seeks to include Wu-Tang members RZA and Cilvaringz in the proceedings, asserting he retains 50% copyright despite selling the album.
shkreli argues for wu-tang clan involvement in ongoing copyright lawsuit
Martin Shkreli is embroiled in a legal dispute with PleasrDAO over the one-off Wu-Tang Clan album "Once Upon a Time in Shaolin." He argues that Wu-Tang members RZA and Cilvaringz should be included in the lawsuit due to their copyright interests, claiming he retains 50% ownership rights despite selling the physical album. PleasrDAO contends that Shkreli forfeited all rights when they purchased the album from the government for $4.75 million, and they are seeking to enforce compliance with a court order for him to turn over all copies of the album.
meme coins surge as spx6900 and fartcoin lead cryptocurrency gains
The cryptocurrency market experienced significant gains last week, led by the meme coin SPX6900, which surged over 66% to reach an all-time high of $1.55. Fartcoin followed closely with a 64% increase, hitting $1.52, while AIOZ Network gained 39.35%. Major cryptocurrencies like Bitcoin and Ethereum also saw upward movement, contributing to a 7.3% rise in total market capitalization, now at $3.52 trillion.
former turing ceo reflects on crisis after shkreli's arrest
Ron Tilles, who stepped in as interim CEO of Turing Pharmaceuticals after Martin Shkreli's arrest, faced immense challenges managing the fallout from the company's notorious 5,000% price hike of Daraprim. Despite his limited knowledge of the pharmaceutical industry, Tilles worked to stabilize the company amid bankruptcy threats and public outrage, ultimately leading to its rebranding as Vyera Pharmaceuticals. Now a board member at Pyros Pharmaceuticals, Tilles emphasizes the importance of fair pricing in the industry, reflecting on the lessons learned from Turing's tumultuous past.
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