Ex-pharma CEO Shkreli’s Twitter account hacked
Martin Shkreli, former boss at Turing Pharmaceuticals and the guy famous for putting the price of Aids drugs up by 5,000%, has had his Twitter account hacked.
On Thursday morning, Shkreli, was arrested in NY on charges of securities fraud that’s connected to one of his earlier companies, Retrophin Inc.
Shkreli pleaded not guilty on all charges.
The entrepreneur is facing charges of securities fraud for engaging in what prosecutors said was a Ponzi-like scheme at his former hedge fund MSMB Capital Management and Retrophin Inc.
Another said: “Anyone want free money?”
In the first rogue video, a man who identified himself as British hacker Steven Dawson repeated a post that infiltrators wrote on Shkreli’s Twitter page.
“I am confident I will prevail”, Shkreli wrote on Twitter on Saturday. The maximum sentence for the top count is 20 years in prison.
Images of him being marched out of a Manhattan apartment block by the Federal Bureau of Investigation provoked an outburst of schadenfreude on social media. “Thanks for the support”.
The U.S. Securities and Exchange Commission has been looking into Shkreli since 2012, though its probe became a higher priority this September after Shkreli raised the price of Daraprim, the Journal earlier reported.
As well as a series of expletive-riddled tweets, hackers also made reference to the Wu-Tang Clan album that Shrekli paid million for – the only copy the group was selling to the public that was bought by the ex-pharma executive.
The move provoked nationwide outrage which reverberated from the presidential campaign trail to Capitol Hill.
New interim CEO Ron Tilles said that Turing was ‘committed to ensuring that all patients have ready and affordable access to Daraprim’.
He later backtracked and said he should have hiked the drug’s price even more.