Martin Shkreli Resigns From CEO Position at Turing Pharmaceuticals
World-class asshole Martin Shkreli found himself in the news yet again when he resigned his position as CEO at Turing Pharmaceuticals. This move comes following his arrest on charges of securities fraud, as he allegedly used shares from his former company, Retrophin, to pay debts. Shkreli first made headlines earlier this year when his company purchased the rights to a decades-old HIV/AIDS medication and raised the price by over 5,500%, from $13.50 USD to $750. This action earned him the title of douchebag of the century in the hearts and minds of people across the globe. However, if his....
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Martin Shkreli Arrested for Fraud: How the Blockchain Could Have Stopped this AIDS Pill Price Gouger
A few months ago, Turing Pharmaceuticals executive Martin Shkreli spread outrage across the world when he bought the rights to an HIV/AIDS medication and raised the price from $13.50 USD to $750. Shkreli made waves again when he purchased the highly desired, only copy of Wu Tang’s Once Upon a Time in Shaolin for $2 million. Now, might get his just desserts in prison, as the Federal Bureau of Investigation has arrested him for securities fraud. According to prosecutors, Shkreli illegally used stock from Retrophin — a company he used to own — to pay off debts. Newsweek reported that his....
Big Pharma including Turing Pharmaceuticals and its former CEO Martin Shkreli have used public protection legislation as a weapon against vulnerable patients – and all lawmakers can do is beg them to stop. Yet the solution for consumers with Bitcoin is, as is being proven, far simpler than many would imagine from the scenes in the press. In September....
The notorious Martin Shkreli made a few tweets saying he was supposedly scammed out of $15 million USD in Bitcoin for an exclusive copy of the new Kanye West album. After broadcasting he was going to purchase the record over his Twitter feed, he gave a shout out to Spotify, iTunes, and Pandora Radio to bid for the album at $25 million dollars. Bitcoin....
Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The so-called ‘Pharma Bro’ further explained that eventually, a crypto entity could dethrone some of the largest banking giants.
Martin Shkreli Talks Defi and Cryptocurrencies
Martin Shkreli has been released from prison early and is now located at a halfway house located in New York. Shkreli’s federal custody will end in September, and as soon....
Daraprim has become a popular pharmaceutical medication in recent weeks thanks to Martin Shkreli's decision to increase the price of the drug from $13.50 to $750. The medicine is on the World Health Organization's List of Essential Medicines. The drug was originally developed to combat malaria and has been available since 1953. The market for the medicine is so small that no generic manufacturer has started making it. Shkreli, an American hedge fund manager, and entrepreneur, is the founder of Turing Pharmaceuticals AG. He ultimately announced the price of the drug his firm bought the....