Was 'Pharma Bro' Martin Shkreli's punishment too harsh? | The Tylt
Was 'Pharma Bro' Martin Shkreli's punishment too harsh?
'Pharma Bro' Martin Shkreli was sentenced to 7 years in prison for securities fraud. Shkreli gained notoriety in 2015 when he raised the price of a life-saving drug by 5,000 percent. The judge said his unrelated securities fraud sentence had nothing to do with his reputation
The judge, Kiyo Matsumoto, said her decision did not have to do with Shkreli's reputation, track record with drug pricing or politics. She spent a while going through the letters she received — both against and in support — of Shkreli's character.
Shkreli has been viewed as a supervillain for a long time, and people are happy to finally see him get his just desserts. In addition to prison time, Shkreli is being forced to return his $2 million Wu-Tang Clan album and is permanently banned from Twitter.
The hip hop group and their fans were horrified to learn that the infamous Pharma Bro was the album’s anonymous buyer. In a TMZ interview, Ghostface Killah called Shkreli a “shithead” and slammed him for price-gouging AIDS patients... And now a Brooklyn judge has ordered that Shkreli forfeit $7M in assets, including the Wu-Tang Album, a Picasso painting, and Lil Wayne’s “Tha Carter V” album.