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Home EDM News

Fyre Festival Merch To Be Auctioned Off, Proceeds Go To Festival Victims

by Matthew Meadow
July 31, 2020
in EDM News
fyre festival - billy mcfarland

Fyre Festival co-founder Billy McFarland is currently was sentenced to six years in federal prison for orchestrating the fraudulent festival.

“We have an assortment of the ‘real thing’ Fyre Festival-branded tee-shirts, sweatpants, sweatshirts, hats, wristbands and medallions,” a spokesman for the United States Marshals Service’s Manhattan office said in an email, also writing, “We know that there is tremendous interest in these items in the NY metro area in particular.”

“The USMS will dispose (or sell) the Fyre merchandise in the most efficient, cost-effective way in the best interests of the U.S. Government,” he also told Vulture. “We utilize our contracted partners to handle the marketing and sale and it will be an online auction.”

“Our objective always is to get the funds back to the victims as fast as we can in cases where there are victims,” the Marshals also said.

After the apparel is sold in an online auction, the government is poised to eventually distribute money from the sale back to vetted victims who come forward.

Since proceeds from T-shirts and whatever else found thus far won’t cover everything McFarland owes to victims, they would get a percentage “based on their respective losses,” according to prosecutors.

Tags: auctionFyre Festivalmerchvictims
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Matthew Meadow

Matthew Meadow

Lover of all bass music. I'm not afraid to speak my mind and put it to paper, and I do it often. I call Los Angeles my home, there's no better place for emerging EDM. Get in touch with me more via email or Twitter.

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