Martin Shkreli attributes arrest to drug-price hikes- WSJ

23 Dec 2015 | Author: | No comments yet »

Ex-pharma CEO Shkreli’s Twitter account hacked.

“We have been working with Twitter to get it fixed,” Craig Stevens, a spokesman for the former chief executive of Turing Pharmaceuticals, said in an email to Reuters. 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.In his first interview since he was charged Thursday for allegedly misleading investors in his hedge funds and raiding a public company to cover the losses, Shkreli told The Wall Street Journal he had been targeted by authorities for his much-criticized drug-price hikes and over-the-top public persona. “‘Trying to find anything we could to stop him,’ was the attitude of the government,” Shkreli said, flanked by his lawyers in a midtown Manhattan conference room Sunday afternoon. “Beating the person up and then trying to find the merits to make up for it—I would have hoped the government wouldn’t take that kind of approach.” The Brooklyn U.S.Hackers infiltrated the Twitter and YouTube accounts of pharma price-hike creep Martin Shkreli on Sunday — prompting the accused Ponzi schemer to lash out at his cyber-nemeses as “10 years old.” “I don’t know [who did it] . . .

Based on what the individual wrote on my Twitter, it sounds like they are 10 years old,” the 32-year-old alleged crook, who was busted on wire- and securities-fraud charges last week, told The Post. The cyber sneaks broke into Shkreli’s Twitter and posted a string of expletive-riddled messages that mocked the disgraced businessman and well-known egomaniac. Before his account got hacked, Shrekli took to Twitter on Saturday to defend himself, saying the allegations against him “are baseless and without merit”. 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.

As well as a series of expletive-riddled tweets, hackers also made reference to the Wu-Tang Clan album that Shrekli paid $2 million for – the only copy the group was selling to the public that was bought by the ex-pharma executive. The 32-year-old, who tussled with presidential candidates and boasted of his romantic prowess on social media, now says that behavior has been “a bit of an act.” “What do you do when you have the attention of millions of people?

He’s been charged with illegally taking stock from biotech firm Retrophin RTRX -4.30% , which Shkreli founded nearly five years ago, to pay off unrelated business debts. It is uncertain whether trials at five other clinics—the Mayo Clinic, Cleveland Clinic, University of Miami’s Sylvester Cancer Center, Weill Cornell Medical College, and Northwester University’s Lurie Comprehensive Cancer Center—will be halted as well.

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