Martin Shkreli’s Twitter account gets hacked – offers followers free money and

On Friday, Shkreli resigned from his role as chief executive of Turing Pharmaceuticals, the company that owns the rights to Daraprim. “The charges against me are baseless and without merit”, Shkreli, who is free on $5 million bond, tweeted on Saturday.

After buying a 60-year-old anti-infective drug often used by AIDS patients earlier this year, Turing raised the price overnight to $750 a tablet from $13.50.

“You know, the press conference they put on was unacceptable”, Shkreli told the Journal Sunday, referring to the conference held Thursday by the U.S. Attorney Robert Capers.

While making the announcement in a statement, the company did not say whether it was looking for an interim CEO or permanent CEO to replace Shkreli.

It’s been a busy couple of days for Shkreli, who has been released on $5m bail. He pleaded not guilty to charges of securities fraud and conspiracy, which carry a sentence of up to 20 years in prison if he’s convicted. (NASDAQ:KBIO) CEO Martin Shkreli, the University of California at Davis and Moffitt Cancer Center in Florida have suspended a planned drug trial sponsored by KaloBios.

KaloBios has announced that Martin Shkreli resigned from its board of directors and was removed from his approximately month-long tenure as the biotech’s CEO following his arrest last Thursday. “But Mr. Shkreli believes it is related to the recent drug price increases”, the Journal reports.

Among the hacked tweets posted on Shkreli’s account were offers to donate hundreds of thousands of dollars to charity, and to give away the Wu-Tang album to the next follower who retweeted him.

He ran his company like a Ponzi scheme and was accused of illegally taking assets from one of his companies to pay off debtors involved in another, according to Bloomberg.

The debts allegedly were owed to investors defrauded in two now-defunct Shkreli hedge funds that focused on health care investments: MSMB Capital and MSMB Healthcare.

Meanwhile, a Twitter account reportedly belonging to Shkreli was apparently hacked over the weekend, displaying a number of tweets unlikely to be helpful to his defense. Shkreli said. “It seemed to me like it would be fun to experiment with”.