“Pharma Bro” Martin Shkreli has been released from prison

Martin Shkreli, the “Pharma Bro” who infamously increased the price of a life-saving drug for AIDS patients by 5,000 percent, has been released from prison after serving his sentence for securities fraud.

The news jumped after Edmund Sullivan tweeted a photo of a pleased-looking Shkreli in a gray prison uniform in the backseat of his car, saying: “I picked this guy up hitchhiking. He says that he is famous.

Shkreli, who is banned from Twitter for alleged harassment, later posted a selfie on Facebook with the caption: “Getting out of real prison is easier than getting out of Twitter prison.”

He is reportedly being moved to halfway house and is scheduled to be released from community confinement on September 14, 2022. The 39-year-old was set to serve a seven-year sentence, but was released after just over four years due to credit for good behavior.

The story of Martin Shkreli is a tale of our times. The so-called “Pharma Bro” first came to public attention in 2015 after his pharmaceutical company bought the manufacturing license for the deworming drug Daraprim, used by some people with HIV/AIDS, and raised its price from US$13.50 per pill up to $750.

Shkreli quickly became a symbol of corporate greed, earning himself the title of “America’s Most Hated Man.” Completely unconcerned by this bad reputation, Shkreli seemed to revel in the public spotlight, using his newfound fame to amass a substantial social media following and using his platform to broadcast a series of infuriating antics.

In 2015, he bought the only copy of the Wu-Tang Clan album. Once upon a time in Shaolin for 2 million dollars, which makes it the maximum expensive musical work ever sold. After promising to release the album for free if Donald Trump won the 2016 US presidential election, Shkreli transmitted portions of the online album to his band of followers.

In late 2015, Shrekli was arrested on securities fraud charges. While awaiting sentencing for the fraud conviction, Shkreli was released from jail on $5 million bail. However, his bail was revoked in 2017. after he did two social media posts offering $5,000 cash to anyone who can get them a lock of Hillary Clinton’s hair. In a since-deleted Facebook post, she joked that she wanted to clone her and needed the threads to “confirm the footage” she already owned. A judge ruled that this was indeed a request for assault in exchange for money.

In 2018, Shkreli was sentenced to seven years in prison for two counts of securities fraud and one count of securities fraud conspiracy on charges of misleading investors into giving millions to his company.

Following conviction, a federal court attorney $7.36 million in assets belonging to Shrekli, including his single copy of Once upon a time in Shaolin.

Now Shkreli is back on the streets. However, it is unclear what his next moves will be. Earlier this year, a federal judge banned him from the pharmaceutical industry for life and ordered him to pay $64.6 million in profits he made by raising the price of the drug Daraprim.

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