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It Appears That Martin Shkreli’s Twitter Account Has Been Hacked
The cyber sneak mocked Shkreli – who was busted on wire-and securities-fraud charges last week – on Twitter for infamously jacking up the price of a drug that can be life-saving for AIDS patients by 5,000 percent.
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Shkreli’s spokesman confirmed the hacking, and said that they are working with Twitter to get it fixed.
Now with heightened focus on Shkreli because of criminal securities fraud charges and questions about his finances, one of those charities said it is returning the money.
The government indictment said Shkreli ran his hedge fund, MSMB Capital Management, and Retrophin like a Ponzi scheme, using one company to pay off investors in the other.
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.
The biopharmaceutical company said in a statement on Friday that founder Martin Shkreli had resigned from his position as chief executive officer, and added that board chairman Ron Tilles will serve as interim CEO until a permanent replacement is selected.
Acting chief Tilles, who is also Turing’s chairman, vowed to make Daraprim affordable. Numerous band’s members hail from Brooklyn, as does Shkreli: the son of Albanian immigrants who worked janitorial jobs, he grew up in Sheepshead Bay. He was released shortly after on a $5 million bail.
In a series of interviews over recent weeks, the hated executive told Vanity Fair his real intention is to develop drugs to combat rare diseases.
Shkreli said the company would cut the drug’s price.
“We’re thrilled by Martin’s donation, which will support a host of initiatives ensuring that Hunter stays in the vanguard of elite secondary schools in the country”, principal Tony Fisher said in March.
Overwhelmingly, the most popular tweet was a reference to a Wu-Tang Clan album Shkreli purchased earlier this year for $2 million. He pleaded not guilty Thursday to charges that he looted Retrophin, a pharmaceutical company he founded, of $11 million to pay back disgruntled hedge fund clients. Shkreli insists that Turing spends far more on new drug development than its major rivals.
Martin Shkreli posted the video “Martin Shkreli Live Stream” to YouTube on December 16, 2015.
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Nasdaq has placed KaloBios’ stock on a trading halt until the company provides more information.