Martin Shkreli was severely chastised in September 2015 after Turing won the production license for the antiparasitic medicine Daraprim and hiked its price by a factor of 56 (from US$13.50 to $750 per pill).

Unrelated to the Daraprim scandal, Shkreli was indicted and convicted in federal court in 2017 on two charges of securities fraud and one count of conspiracy to conduct securities fraud.

He was sentenced to seven years in federal prison and penalties of up to $7.4 million.  In the civil case, he was fined an additional $64.6 million, which would be distributed to victims around the country.

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What did Martin Shkreli do to Wu-Tang?

The Wu-Tang Clan advertised the hip-hop record as a one-of-a-kind work of art. After being convicted of defrauding investors, Shkreli handed it up to US prosecutors in 2018.

What did Martin Shkreli do with the Wu-Tang album?

Shkreli paid $2 million (£1.4 million) for the only known copy of the NYC hip-hop group’s newest album in 2015. Prior to the sale, he was chastised for acquiring the rights to the life-saving medicine Daraprim (which is largely used by people with AIDS) and drastically raising the price.

Did Martin Shkreli disrespect the Wu-Tang Clan?

The court discharged a person identified only as Juror No. 59 after stating that he could not be impartial against Shkreli because he humiliated the Wu-Tang Clan.

Shkreli won an auction in 2015 for Once Upon A Time In Shaolin, Wu-Tang Clan’s one-of-a-kind album made in secret.

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