Pharmaceutical executive Martin Shkreli’s Twitter account hacked

Shkreli added a tweet to the top of his Twitter feed Saturday saying that he was confident he would prevail.

The controversial former pharmaceutical company executive Martin Shkreli has said fraud allegations against him are “baseless and without merit”.

Since the former CEO of Turing Pharmaceuticals Martin Shkreli posted a $5-million dollar bail, many organizations with whom he had a business relationship with, are making efforts to distance themselves from his reputation.

Shkreli came under fire last spring for raising the price of a drug used by AIDS patients 5,000 percent, shortly after he took over a pharmaceutical company. His travel is restricted to parts of NY and he surrendered his passport, CNBC reports.

Martin Shkreli leaves the courthouse after his arraignment in NY on Thursday, Dec. 17, 2015.

Shkreli has appeared to bask in the attention, however negative.

He defends the decision as capitalism at work and says insurance and other programs ensure that people who need Daraprim will ultimately get it.

Retrophin ousted Shkreli past year. The drug CEO, who became infamous when he raised price of HIV pill from $13.50 to $750 apiece, is wearing a purple PBS t-shirt and pajama bottoms.

Following his arrest, Shkreli stepped down as CEO of Turing Pharmaceuticals.

Shkreli said the company would cut the drug’s price.

The company said in a statement that these compounds, which combine the active ingredient of Daraprim, pyrimethamine, with a vitamin leucovorin, has not undergone the same FDA review process as Daraprim. Oh no. He instead has been charged with securities fraud. Following his departure, the company authorized an independent investigation of Mr. Shkreli’s conduct, publicly disclosed its findings, and has fully cooperated with the government investigations into Mr. Shkreli.

Many on social media said Shkreli was getting what he deserved.