Now is your chance to buy a piece of history from the "Greatest Party That Never Happened".

Festivalgoers were stung for tens of thousands of dollars by the infamous Fyre Festival scam but federal law enforcement is set to profit from the event, putting seized merchandise up for auction.

More than three years after the highly publicised Fyre Festival famously fizzled out in the Bahamas, merchandise and other "minor assets" are up for sale — courtesy of the U.S. Marshals Service.

Greatest Party that Never Was: music fans can grab a piece of history as seized fyre merchandise goes under the gavel. Photo / Supplied, Gaston & Sheehan
Greatest Party that Never Was: music fans can grab a piece of history as seized fyre merchandise goes under the gavel. Photo / Supplied, Gaston & Sheehan

In a release Thursday, the US Marshals announced that 126 items from the festival will be auctioned off, with proceeds going toward the victims of Billy McFarland.

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Billy McFarland, the promoter of the failed Fyre Festival in the Bahamas, faces a sentence of up to 10 years. Photo / Mark Lennihan, AP
Billy McFarland, the promoter of the failed Fyre Festival in the Bahamas, faces a sentence of up to 10 years. Photo / Mark Lennihan, AP

McFarland acknowledged defrauding investors of $26 million in the 2017 Fyre Festival and over NZ$150,000 in a fraudulent ticket-selling scheme after his arrest in the scam. He was sentenced to six years in prison in October 2018. Now 28, he's serving his sentence at a low-security prison in Ohio, according to the Bureau of Prisons.
"This Fyre Festival-branded clothing and other items that were seized from Billy McFarland were originally intended to be sold at the Fyre Festival itself but were kept by McFarland, with the intent to sell the items and use the funds to commit further criminal acts while he was on pre-trial release," US Marshal Ralph Sozio of the Southern District of New York said in the release.

The festival, billed as an ultra-luxurious event and "the cultural experience of the decade," was supposed to take place over two spring 2017 weekends on the Bahamian island of Exuma. Models and celebrities like Kendall Jenner, Bella Hadid and Emily Ratajkowski had promoted it on social media.

The 'luxury' event quickly became a disaster zone. Photo / Supplied, Twitter
The 'luxury' event quickly became a disaster zone. Photo / Supplied, Twitter

Customers who paid $1,*00 to over $150,000 hoping to see Blink-182 and the hip-hop act Migos arrived to learn musical acts were canceled. Their luxury accommodations and gourmet food consisted of leaky white tents and packaged food, prompting attendees to lash out on social media with the hashtag #fyrefraud.

The disastrous party was documented in not one but two documentary films; Fyre Fraud by Hulu and Netflix's Fyre: The Greatest Party That Never Happened are an exercise in schadenfreude depicting hundreds of luxury festival goers arriving in a disaster zone.

Baseball hats and shirts are fetching $300+ at auction. Photo / Gaston & Sheehan, Screenshot
Baseball hats and shirts are fetching $300+ at auction. Photo / Gaston & Sheehan, Screenshot

Among the mementos of that festival are sweatpants, shirts and tokens emblazoned with "a conspiracy to change the entertainment world." As of Saturday, the lots ranged from $10 — the minimum bid for sets of two wristbands — to $300 for a baseball cap bearing the festival logo that had received 20 bids since the auction opened Thursday. At 36 bids, the most popular lot was an aqua blue hoodie featuring the flag of the Bahamas on the back and sleeves patterned with the logo.

The auction, run by Texas-based Gaston & Sheehan, ends Aug. 13.

- Associated Press with additional Staff Reporting