Updated @ 1 PM EDT -- it seems that Martin is also running a knock-off of the so called "shiba-inu coin" idea, using his former "Godel.com" html code (didn't bother to change the internal references, even)... I won't click through, but it may be seen -- if one searches "enrique shkreli" on Twitter, for accounts -- then follows the linked discussions. This is likely from whence his supposed "sh!t-coin" will drop. This will end in new fraud charges for him, I'll confidently. . . predict. "The more things change -- the more they stay. . . the same," it seems. End of update.
Apparently, Coindesk picked up on my blurb about Martin being back on Twitter, and doing streams about crypto-.
As I say, I don't care what he thinks about Bitcoin or crypto-, or that he is talking on Twitter or elsewhere (so long as he's not violating his banning orders). . . but I am interested to see what the "booster-press" of crypto- thinks of him.
. . .Martin Shkreli, 39, the former hedge fund manager turned convicted felon and social media troll with a cult-like following, was recently released from prison. Shkreli is that almost-mythic person who signifies all that is wrong with society, and he relishes the role. . . .
Although drug price jumps are somewhat routine within the for-profit U.S. health care and research industry, Shkreli achieved instantaneous notoriety for what was obvious price gouging of a life-saving drug the World Health Organization lists as an essential medicine used by pregnant women, the elderly and HIV-positive patients.
In a nonjury trial on various financial schemes, federal and state health regulators argued Shkreli attempted to form a monopoly over this drug by keeping generic versions off the market. [Ed. Note: Not a materially complete summary.] He said he had his reasons: that insurance companies, not people, would pay the increased price and the profits would go to developing other medical technologies [which of course means... he was openly lying]. . . .
Shkreli wants to return as troublemaker and hornet nest kicker. Mere hours after settling into his court-mandated halfway house, Shkreli began to post under an alias. The account, @Enrique5060782, which is currently suspended, made little attempt to hide Shkreli’s real identity. (Much to his lawyer’s chagrin, I imagine, who said upon Shkreli’s release that his client wouldn’t be available for comment). . . .
Shkreli. . . still knows how to create controversy. He said he’s planning a non-fungible token (NFT) drop, that Enrique may not be his only alternative avatar and that he may be participating -- perhaps as a developer or investor -- in other big name decentralized finance (DeFi) projects. . . .
I'd say the odds are relatively high that crypto- will champion Martin as a mascot -- a new "bro-" in their collective bro-culture.
I have my doubts about whether he brings anything remotely useful to the table -- especially insofar as he makes any claim to being able to "invest" in the space (as he's broke). We've repeatedly shown that math -- and unless he committed additional felonies (by hiding his assets in numbered Swiss accounts, while under disgorgement orders at the SEC, FTC and various state attorneys' general, as well as the receivership proceedings in Manhattan), he has no loot to put into any new scam.
But it is clear that the crypto-press is very tolerant of serial scammers (see the founder of Terra | Luna, and dozens of others). . . so who knows what role Martin might take?
He might soon be a columnist for. . . Coindesk, for all we know.
So it goes. Onward, grinning -- busy day ahead here. . . be excellent to one another.
नमस्ते
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