Martin Shkreli, affectionately dubbed “the most hated businessman in the United States,” bought cryptocurrencies while in prison.
American entrepreneur Martin Shkreli is known for speculating about the cost of medicines. After being released from prison, he announced an investment in cryptocurrencies.
Shkreli sang the praises of Ethereum on Twitter . He was previously banned from the platform, but now he's back on the microblogging site apparently a better man. The entrepreneur joked, "Getting out of real jail is easier than getting out of Twitter jail."
Martin Shkreli flirting with Uniswap
" Uniswap is really cool," said the one-time pharma bro who now appears to be a crypto bro. Shkreli stated that he was already using the platform from prison. Who knew you could trade cryptocurrencies in prison?
Vitalik Buterin tweeted what appeared to be a response: "How can we create a culture where it's harder to make something terrible a topic of public conversation and easier to make it about something great?"
Dogecoin co-founder Billy Markus was not long in coming with his answer. “Platforms need to find a way to incentivize better thinking and behavior.”
Matt Huang, the co-founder of the hedge fund Paradigm, also had a problem with the Pharma Bros. statement , according to his Twitter page.
Exactly how Shkreli got access to the internet while in prison is unclear. The Pharma Bro had previously been released from prison early.
To some, the Pharma Bro is a hero
The entrepreneur, also known as "the most hated man in America," rose to prominence when his company Turing Pharmaceuticals raised the price of its HIV/AIDS drug by 5,000%. Later, in 2018, Shkreli was sentenced to seven years in a maximum-security prison for defrauding investors.
Also, Shkreli must give back $64.6 million in profits he made from drug price hikes. At the same time, the entrepreneur was also prohibited from carrying out pharmaceutical activities. However, some people feel his punishment was too harsh. So the debate on Twitter continues.
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