Martin Shkreli attributes arrest to drug-price hikes: WSJ

23 Dec 2015 | Author: | No comments yet »

Evil pharma boss Martin Shkreli’s Twitter account has been 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.

After being arrested for securities fraud a few days ago, Shkreli says his Twitter account, as well as email and mobile phone accounts have been hacked. On Thursday last week, Shkreli faced charges of securities fraud, securities fraud conspiracy and wire fraud conspiracy in relation to a previous hedge fund endeavor. 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. Another tweet from the past few hours references the Wu-Tang Clan album Shkreli purchased for $2 million (it’s the only copy made available to the public).

Securities and Exchange Commission has been looking into Shkreli since 2012, though its probe became a higher priority this September after Shkreli raised the price of Daraprim, the Journal earlier reported. 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. 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. According to a tweet pinned to the top of his Twitter feed, the ex-CEO maintains that the allegations against him are “baseless and without merit”: Clinical trials for the leukemia treatment were being conducted at various institutions.

The above tweet, presumably posted by the hacker or hackers who have taken control of the Twitter account is in reference to the recent charges bought upon Martin Shkreli, to which the embattled former executive posted a $5 million bail. 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. When word spread of the then-CEO’s arrest last week, the internet was predictably interested and invested in the well-being of the album, beyond the collective moment of schadenfreude after Martin Shkreli was arrested.

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