Remember "Pharma Bro" Martin Shkreli?

garamet · Jan 28, 2020

Tuckerfan · Apr 9, 2020

He wants out of prison so he can cure coronavirus. https://arstechnica.com/science/2020/04/shkrelis-plea-from-prison-free-me-and-ill-cure-covid-19/

matthunter · Apr 9, 2020

He just wants his Wuhan Clan CD back...

*runs*

garamet · Apr 10, 2020

The Night Funky said: ↑

He wants out of prison so he can cure coronavirus. https://arstechnica.com/science/2020/04/shkrelis-plea-from-prison-free-me-and-ill-cure-covid-19/
Click to expand...

Let him get back to us when he's earned his M.D.

Hedge fund manager as "expert on medical topics"? That's like Justin Bieber's pool boy styling himself as a singing coach. Not that those things haven't happened.

Maybe these really are the End Times.

Tuckerfan · Jul 28, 2021

matthunter said: ↑

He just wants his Wuhan Clan CD back...

*runs*
Click to expand...

It's been sold.

The U.S. Government Has Sold Martin Shkreli's One-of-a-Kind Wu-Tang Album

The sole copy of the Wu-Tang album previously owned by convicted edgelord Martin Shkreli has moved on to a better place, hopefully. The Department of Justice announced today that the federal government has sold the album to an unknown buyer for an unknown price. In 2018, RZA said that he wanted to be that buyer.

Shkreli purchased the album in 2015 for $2 million for no apparent reason other than to rub it in everyone’s face. He handed over the album to the government as part of his $7.4 million forfeiture money judgment.

So Martin Shkreli is again plain old Pharma Bro Martin Shkreli, who price gouged for medication and was convicted of securities fraud after allegedly lying to his hedge funds’ investors about their gains, claiming to manage $40 million with only a few hundred dollars in a brokerage account, and squandering their money in the stock market.

RZA has said that he’d wanted the album to achieve myth status, and in a way, Shkreli did the job. “It’s like the Mona Lisa,” RZA told Rolling Stone about the coverage. “It’s got its own folklore, and that’s what me and [co-producer] Cilvaringz wanted.” They’d encased the album in a hand-carved nickel-silver box with a lyrics manuscript bound in leather, which you can see Shkreli smugly holding here.

When Shkreli bought the album “Once Upon a Time in Shaolin” from RZA in November of 2015, he’d recently established his reputation as the guy who hiked the price of an antiparasitic drug, used as part of HIV treatment, from $13.50 to $750 per pill. Bernie Sanders subsequently rejected his campaign contribution and donated it to an HIV clinic; he rage-tweeted; he livestreamed his days on YouTube for some reason.

Perhaps for the last time, Shkreli was described by Bloomberg as a person who’d established a reputation as a “boy genius” and incidentally liked the song C.R.E.A.M. (Cash Rules Everything Around Me).

Then the trajectory went like this:

December 9th, 2015: Divulges that he purchased the album in a piece published by Bloomberg Businessweek.

December 18th, 2015: Is arrested for securities fraud. The Securities and Exchange Commission alleges that he’d misappropriated $120,000 in funds from one of his hedge funds starting in 2009 and continued defrauding investors through 2014. On the same day, he steps down from a pharma company he founded and is fired for the third time from a CEO position, this time from a pharmaceutical company that produces cancer drugs.

December 23rd, 2016: Announces on Twitter’s Periscope that he’d also bought the sole copy of Lil’ Wayne’s “Carter V.”

January 2016: Court documents show he tapped his $45 million E*Trade account for bail.

January 2016: Ghostface Killah describes him as a “shithead.”

January 2016: In a subsequent interview, Ghostface Killah describes him the “Michael Jackson nose kid.”

January 2017: Twitter suspends him after he harangues a journalist.

May 2017: Twitter permanently bans him; Shkreli announces that he has a sock puppet account; Twitter bans sock puppet account.

May 2017: Leaks two tracks allegedly from “Carter V.”

July 2017: Prosecutors allege he’s been tweeting throughout the trial, about the trial, under the handle “@BLMBro”

August 2017: Found guilty of three out of eight counts of fraud. Livestreams from his apartment drinking beer on the same day.

September 2017: Wu-Tang releases a track dissing his stone-cold drug price hikes.

December 2017: Prosecutors order him to forfeit the Wu-Tang album and a Picasso.

March 2018: He’s sentenced to seven years in prison

October 2018: Appears to list the album on eBay for $1, claiming that he may cancel the sale, “break this album in frustration,” and donate half the proceeds to medical research. And for the record: “I am not selling to raise cash - my companies and I have record amounts of cash on hand.”

November 2019: The U.S. Supreme Court refuses to hear his appeal, soon after which, the DOJ says, he finally forfeits the album.

Etc, etc, he’s currently in prison and due for release in September 2023. We’re all happy he doesn’t have the album around to smash when he comes home.
Click to expand...

Fisherman's Worf · Jul 29, 2021

Tuckerfan said: ↑

matthunter said: ↑

He just wants his Wuhan Clan CD back...

*runs*
Click to expand...

It's been sold.

The U.S. Government Has Sold Martin Shkreli's One-of-a-Kind Wu-Tang Album

The sole copy of the Wu-Tang album previously owned by convicted edgelord Martin Shkreli has moved on to a better place, hopefully. The Department of Justice announced today that the federal government has sold the album to an unknown buyer for an unknown price. In 2018, RZA said that he wanted to be that buyer.

Shkreli purchased the album in 2015 for $2 million for no apparent reason other than to rub it in everyone’s face. He handed over the album to the government as part of his $7.4 million forfeiture money judgment.

So Martin Shkreli is again plain old Pharma Bro Martin Shkreli, who price gouged for medication and was convicted of securities fraud after allegedly lying to his hedge funds’ investors about their gains, claiming to manage $40 million with only a few hundred dollars in a brokerage account, and squandering their money in the stock market.

RZA has said that he’d wanted the album to achieve myth status, and in a way, Shkreli did the job. “It’s like the Mona Lisa,” RZA told Rolling Stone about the coverage. “It’s got its own folklore, and that’s what me and [co-producer] Cilvaringz wanted.” They’d encased the album in a hand-carved nickel-silver box with a lyrics manuscript bound in leather, which you can see Shkreli smugly holding here.

When Shkreli bought the album “Once Upon a Time in Shaolin” from RZA in November of 2015, he’d recently established his reputation as the guy who hiked the price of an antiparasitic drug, used as part of HIV treatment, from $13.50 to $750 per pill. Bernie Sanders subsequently rejected his campaign contribution and donated it to an HIV clinic; he rage-tweeted; he livestreamed his days on YouTube for some reason.

Perhaps for the last time, Shkreli was described by Bloomberg as a person who’d established a reputation as a “boy genius” and incidentally liked the song C.R.E.A.M. (Cash Rules Everything Around Me).

Then the trajectory went like this:

December 9th, 2015: Divulges that he purchased the album in a piece published by Bloomberg Businessweek.

December 18th, 2015: Is arrested for securities fraud. The Securities and Exchange Commission alleges that he’d misappropriated $120,000 in funds from one of his hedge funds starting in 2009 and continued defrauding investors through 2014. On the same day, he steps down from a pharma company he founded and is fired for the third time from a CEO position, this time from a pharmaceutical company that produces cancer drugs.

December 23rd, 2016: Announces on Twitter’s Periscope that he’d also bought the sole copy of Lil’ Wayne’s “Carter V.”

January 2016: Court documents show he tapped his $45 million E*Trade account for bail.

January 2016: Ghostface Killah describes him as a “shithead.”

January 2016: In a subsequent interview, Ghostface Killah describes him the “Michael Jackson nose kid.”

January 2017: Twitter suspends him after he harangues a journalist.

May 2017: Twitter permanently bans him; Shkreli announces that he has a sock puppet account; Twitter bans sock puppet account.

May 2017: Leaks two tracks allegedly from “Carter V.”

July 2017: Prosecutors allege he’s been tweeting throughout the trial, about the trial, under the handle “@BLMBro”

August 2017: Found guilty of three out of eight counts of fraud. Livestreams from his apartment drinking beer on the same day.

September 2017: Wu-Tang releases a track dissing his stone-cold drug price hikes.

December 2017: Prosecutors order him to forfeit the Wu-Tang album and a Picasso.

March 2018: He’s sentenced to seven years in prison

October 2018: Appears to list the album on eBay for $1, claiming that he may cancel the sale, “break this album in frustration,” and donate half the proceeds to medical research. And for the record: “I am not selling to raise cash - my companies and I have record amounts of cash on hand.”

November 2019: The U.S. Supreme Court refuses to hear his appeal, soon after which, the DOJ says, he finally forfeits the album.

Etc, etc, he’s currently in prison and due for release in September 2023. We’re all happy he doesn’t have the album around to smash when he comes home.
Click to expand...

Click to expand...

Tuckerfan · Oct 20, 2021

Tuckerfan said: ↑

matthunter said: ↑

He just wants his Wuhan Clan CD back...

*runs*
Click to expand...

It's been sold.

The U.S. Government Has Sold Martin Shkreli's One-of-a-Kind Wu-Tang Album

The sole copy of the Wu-Tang album previously owned by convicted edgelord Martin Shkreli has moved on to a better place, hopefully. The Department of Justice announced today that the federal government has sold the album to an unknown buyer for an unknown price. In 2018, RZA said that he wanted to be that buyer.

Shkreli purchased the album in 2015 for $2 million for no apparent reason other than to rub it in everyone’s face. He handed over the album to the government as part of his $7.4 million forfeiture money judgment.

So Martin Shkreli is again plain old Pharma Bro Martin Shkreli, who price gouged for medication and was convicted of securities fraud after allegedly lying to his hedge funds’ investors about their gains, claiming to manage $40 million with only a few hundred dollars in a brokerage account, and squandering their money in the stock market.

RZA has said that he’d wanted the album to achieve myth status, and in a way, Shkreli did the job. “It’s like the Mona Lisa,” RZA told Rolling Stone about the coverage. “It’s got its own folklore, and that’s what me and [co-producer] Cilvaringz wanted.” They’d encased the album in a hand-carved nickel-silver box with a lyrics manuscript bound in leather, which you can see Shkreli smugly holding here.

When Shkreli bought the album “Once Upon a Time in Shaolin” from RZA in November of 2015, he’d recently established his reputation as the guy who hiked the price of an antiparasitic drug, used as part of HIV treatment, from $13.50 to $750 per pill. Bernie Sanders subsequently rejected his campaign contribution and donated it to an HIV clinic; he rage-tweeted; he livestreamed his days on YouTube for some reason.

Perhaps for the last time, Shkreli was described by Bloomberg as a person who’d established a reputation as a “boy genius” and incidentally liked the song C.R.E.A.M. (Cash Rules Everything Around Me).

Then the trajectory went like this:

December 9th, 2015: Divulges that he purchased the album in a piece published by Bloomberg Businessweek.

December 18th, 2015: Is arrested for securities fraud. The Securities and Exchange Commission alleges that he’d misappropriated $120,000 in funds from one of his hedge funds starting in 2009 and continued defrauding investors through 2014. On the same day, he steps down from a pharma company he founded and is fired for the third time from a CEO position, this time from a pharmaceutical company that produces cancer drugs.

December 23rd, 2016: Announces on Twitter’s Periscope that he’d also bought the sole copy of Lil’ Wayne’s “Carter V.”

January 2016: Court documents show he tapped his $45 million E*Trade account for bail.

January 2016: Ghostface Killah describes him as a “shithead.”

January 2016: In a subsequent interview, Ghostface Killah describes him the “Michael Jackson nose kid.”

January 2017: Twitter suspends him after he harangues a journalist.

May 2017: Twitter permanently bans him; Shkreli announces that he has a sock puppet account; Twitter bans sock puppet account.

May 2017: Leaks two tracks allegedly from “Carter V.”

July 2017: Prosecutors allege he’s been tweeting throughout the trial, about the trial, under the handle “@BLMBro”

August 2017: Found guilty of three out of eight counts of fraud. Livestreams from his apartment drinking beer on the same day.

September 2017: Wu-Tang releases a track dissing his stone-cold drug price hikes.

December 2017: Prosecutors order him to forfeit the Wu-Tang album and a Picasso.

March 2018: He’s sentenced to seven years in prison

October 2018: Appears to list the album on eBay for $1, claiming that he may cancel the sale, “break this album in frustration,” and donate half the proceeds to medical research. And for the record: “I am not selling to raise cash - my companies and I have record amounts of cash on hand.”

November 2019: The U.S. Supreme Court refuses to hear his appeal, soon after which, the DOJ says, he finally forfeits the album.

Etc, etc, he’s currently in prison and due for release in September 2023. We’re all happy he doesn’t have the album around to smash when he comes home.
Click to expand...

Click to expand...

I guess it's appropriate that it was bought by cryptobros.

Crypto Bros Bought the 'OG NFT,' aka Martin Shkreli's Wu-Tang Album

Crypto enthusiasts bought the Wu-Tang album, possibly a haunted talisman whose previous owner Pharma Bro went to prison shortly after he announced that he’d bought it in a $2 million troll. Can these dudes handle it? The New York Times and Rolling Stone have profiles. They seem fine.

One copy of the two-disc, 31-track album Once Upon a Time in Shaolin was pressed and encased in a baroque bejeweled box, and sold with an attached condition that it couldn’t be commercially released for sale until 2103. In 2015, Pharma Bro Martin Shkreli bought it in an online auction and lost it when the Department of Justice seized his assets in 2018. The album was purchased anonymously in July. The buyers, a group called PleasrDAO, revealed themselves as the buyers today.

Whether it matters or not to collectors, it might not be an authorized Wu-Tang album. Bloomberg reported after the Shkreli sale that it was a bunch of verses compiled by producer Cilvaringz, who’d misled contributors into believing they were making his album, and only RZA seemed onboard and aware.

Wu-Tang Clan members say it was just okay or it could get fucked.

PleasrDAO, a 74-member group of collectors and artists, claim to be interested in the album for reasons beyond a return on investment. In their words, they’ve “built a formidable yet benevolent reputation for acquiring culturally significant pieces with a charitable twist.” (A DAO, a decentralized autonomous organization, is a cryptocurrency investment fund owned by no one. Members buy-in in exchange for tokens which give them voting power in making investment decisions; voting power increases with the investments.) Their intentions seem pure-ish. They told the New York Times that they plan to play it at in-person events and envision perhaps somehow offering the public collective ownership.

They naturally minted an NFT deed of ownership and made a bunch of tie-ins to the blockchain which might work if you hammer it hard enough—the DAO’s Chief Pleasing Officer squeezed in some blockchain tie-ins, describing it to the Times as the “OG NFT” and Wu-Tang as the “the OG DAO” etc etc etc and so on. They’re not threatening to hide it in a dormant volcano or destroy it. That’s good.
Click to expand...

Ten Lubak · Oct 20, 2021

and sold with an attached condition that it couldn’t be commercially released for sale until 2103.
Click to expand...

Such a shame, I would fucking love to hear this album

mburtonk · Oct 20, 2021

Tuckerfan said: ↑

Tuckerfan said: ↑

matthunter said: ↑

He just wants his Wuhan Clan CD back...

*runs*
Click to expand...

It's been sold.

The U.S. Government Has Sold Martin Shkreli's One-of-a-Kind Wu-Tang Album

The sole copy of the Wu-Tang album previously owned by convicted edgelord Martin Shkreli has moved on to a better place, hopefully. The Department of Justice announced today that the federal government has sold the album to an unknown buyer for an unknown price. In 2018, RZA said that he wanted to be that buyer.

Shkreli purchased the album in 2015 for $2 million for no apparent reason other than to rub it in everyone’s face. He handed over the album to the government as part of his $7.4 million forfeiture money judgment.

So Martin Shkreli is again plain old Pharma Bro Martin Shkreli, who price gouged for medication and was convicted of securities fraud after allegedly lying to his hedge funds’ investors about their gains, claiming to manage $40 million with only a few hundred dollars in a brokerage account, and squandering their money in the stock market.

RZA has said that he’d wanted the album to achieve myth status, and in a way, Shkreli did the job. “It’s like the Mona Lisa,” RZA told Rolling Stone about the coverage. “It’s got its own folklore, and that’s what me and [co-producer] Cilvaringz wanted.” They’d encased the album in a hand-carved nickel-silver box with a lyrics manuscript bound in leather, which you can see Shkreli smugly holding here.

When Shkreli bought the album “Once Upon a Time in Shaolin” from RZA in November of 2015, he’d recently established his reputation as the guy who hiked the price of an antiparasitic drug, used as part of HIV treatment, from $13.50 to $750 per pill. Bernie Sanders subsequently rejected his campaign contribution and donated it to an HIV clinic; he rage-tweeted; he livestreamed his days on YouTube for some reason.

Perhaps for the last time, Shkreli was described by Bloomberg as a person who’d established a reputation as a “boy genius” and incidentally liked the song C.R.E.A.M. (Cash Rules Everything Around Me).

Then the trajectory went like this:

December 9th, 2015: Divulges that he purchased the album in a piece published by Bloomberg Businessweek.

December 18th, 2015: Is arrested for securities fraud. The Securities and Exchange Commission alleges that he’d misappropriated $120,000 in funds from one of his hedge funds starting in 2009 and continued defrauding investors through 2014. On the same day, he steps down from a pharma company he founded and is fired for the third time from a CEO position, this time from a pharmaceutical company that produces cancer drugs.

December 23rd, 2016: Announces on Twitter’s Periscope that he’d also bought the sole copy of Lil’ Wayne’s “Carter V.”

January 2016: Court documents show he tapped his $45 million E*Trade account for bail.

January 2016: Ghostface Killah describes him as a “shithead.”

January 2016: In a subsequent interview, Ghostface Killah describes him the “Michael Jackson nose kid.”

January 2017: Twitter suspends him after he harangues a journalist.

May 2017: Twitter permanently bans him; Shkreli announces that he has a sock puppet account; Twitter bans sock puppet account.

May 2017: Leaks two tracks allegedly from “Carter V.”

July 2017: Prosecutors allege he’s been tweeting throughout the trial, about the trial, under the handle “@BLMBro”

August 2017: Found guilty of three out of eight counts of fraud. Livestreams from his apartment drinking beer on the same day.

September 2017: Wu-Tang releases a track dissing his stone-cold drug price hikes.

December 2017: Prosecutors order him to forfeit the Wu-Tang album and a Picasso.

March 2018: He’s sentenced to seven years in prison

October 2018: Appears to list the album on eBay for $1, claiming that he may cancel the sale, “break this album in frustration,” and donate half the proceeds to medical research. And for the record: “I am not selling to raise cash - my companies and I have record amounts of cash on hand.”

November 2019: The U.S. Supreme Court refuses to hear his appeal, soon after which, the DOJ says, he finally forfeits the album.

Etc, etc, he’s currently in prison and due for release in September 2023. We’re all happy he doesn’t have the album around to smash when he comes home.
Click to expand...

Click to expand...

I guess it's appropriate that it was bought by cryptobros.

Crypto Bros Bought the 'OG NFT,' aka Martin Shkreli's Wu-Tang Album

Crypto enthusiasts bought the Wu-Tang album, possibly a haunted talisman whose previous owner Pharma Bro went to prison shortly after he announced that he’d bought it in a $2 million troll. Can these dudes handle it? The New York Times and Rolling Stone have profiles. They seem fine.

One copy of the two-disc, 31-track album Once Upon a Time in Shaolin was pressed and encased in a baroque bejeweled box, and sold with an attached condition that it couldn’t be commercially released for sale until 2103. In 2015, Pharma Bro Martin Shkreli bought it in an online auction and lost it when the Department of Justice seized his assets in 2018. The album was purchased anonymously in July. The buyers, a group called PleasrDAO, revealed themselves as the buyers today.

Whether it matters or not to collectors, it might not be an authorized Wu-Tang album. Bloomberg reported after the Shkreli sale that it was a bunch of verses compiled by producer Cilvaringz, who’d misled contributors into believing they were making his album, and only RZA seemed onboard and aware.

Wu-Tang Clan members say it was just okay or it could get fucked.

PleasrDAO, a 74-member group of collectors and artists, claim to be interested in the album for reasons beyond a return on investment. In their words, they’ve “built a formidable yet benevolent reputation for acquiring culturally significant pieces with a charitable twist.” (A DAO, a decentralized autonomous organization, is a cryptocurrency investment fund owned by no one. Members buy-in in exchange for tokens which give them voting power in making investment decisions; voting power increases with the investments.) Their intentions seem pure-ish. They told the New York Times that they plan to play it at in-person events and envision perhaps somehow offering the public collective ownership.

They naturally minted an NFT deed of ownership and made a bunch of tie-ins to the blockchain which might work if you hammer it hard enough—the DAO’s Chief Pleasing Officer squeezed in some blockchain tie-ins, describing it to the Times as the “OG NFT” and Wu-Tang as the “the OG DAO” etc etc etc and so on. They’re not threatening to hide it in a dormant volcano or destroy it. That’s good.
Click to expand...

Click to expand...

That is 90% gibberish. I feel bad for reporters on tech/crypto beats.

MikeH92467 · Oct 21, 2021

mburtonk said: ↑

Tuckerfan said: ↑

Tuckerfan said: ↑

matthunter said: ↑

He just wants his Wuhan Clan CD back...

*runs*
Click to expand...

It's been sold.

The U.S. Government Has Sold Martin Shkreli's One-of-a-Kind Wu-Tang Album

The sole copy of the Wu-Tang album previously owned by convicted edgelord Martin Shkreli has moved on to a better place, hopefully. The Department of Justice announced today that the federal government has sold the album to an unknown buyer for an unknown price. In 2018, RZA said that he wanted to be that buyer.

Shkreli purchased the album in 2015 for $2 million for no apparent reason other than to rub it in everyone’s face. He handed over the album to the government as part of his $7.4 million forfeiture money judgment.

So Martin Shkreli is again plain old Pharma Bro Martin Shkreli, who price gouged for medication and was convicted of securities fraud after allegedly lying to his hedge funds’ investors about their gains, claiming to manage $40 million with only a few hundred dollars in a brokerage account, and squandering their money in the stock market.

RZA has said that he’d wanted the album to achieve myth status, and in a way, Shkreli did the job. “It’s like the Mona Lisa,” RZA told Rolling Stone about the coverage. “It’s got its own folklore, and that’s what me and [co-producer] Cilvaringz wanted.” They’d encased the album in a hand-carved nickel-silver box with a lyrics manuscript bound in leather, which you can see Shkreli smugly holding here.

When Shkreli bought the album “Once Upon a Time in Shaolin” from RZA in November of 2015, he’d recently established his reputation as the guy who hiked the price of an antiparasitic drug, used as part of HIV treatment, from $13.50 to $750 per pill. Bernie Sanders subsequently rejected his campaign contribution and donated it to an HIV clinic; he rage-tweeted; he livestreamed his days on YouTube for some reason.

Perhaps for the last time, Shkreli was described by Bloomberg as a person who’d established a reputation as a “boy genius” and incidentally liked the song C.R.E.A.M. (Cash Rules Everything Around Me).

Then the trajectory went like this:

December 9th, 2015: Divulges that he purchased the album in a piece published by Bloomberg Businessweek.

December 18th, 2015: Is arrested for securities fraud. The Securities and Exchange Commission alleges that he’d misappropriated $120,000 in funds from one of his hedge funds starting in 2009 and continued defrauding investors through 2014. On the same day, he steps down from a pharma company he founded and is fired for the third time from a CEO position, this time from a pharmaceutical company that produces cancer drugs.

December 23rd, 2016: Announces on Twitter’s Periscope that he’d also bought the sole copy of Lil’ Wayne’s “Carter V.”

January 2016: Court documents show he tapped his $45 million E*Trade account for bail.

January 2016: Ghostface Killah describes him as a “shithead.”

January 2016: In a subsequent interview, Ghostface Killah describes him the “Michael Jackson nose kid.”

January 2017: Twitter suspends him after he harangues a journalist.

May 2017: Twitter permanently bans him; Shkreli announces that he has a sock puppet account; Twitter bans sock puppet account.

May 2017: Leaks two tracks allegedly from “Carter V.”

July 2017: Prosecutors allege he’s been tweeting throughout the trial, about the trial, under the handle “@BLMBro”

August 2017: Found guilty of three out of eight counts of fraud. Livestreams from his apartment drinking beer on the same day.

September 2017: Wu-Tang releases a track dissing his stone-cold drug price hikes.

December 2017: Prosecutors order him to forfeit the Wu-Tang album and a Picasso.

March 2018: He’s sentenced to seven years in prison

October 2018: Appears to list the album on eBay for $1, claiming that he may cancel the sale, “break this album in frustration,” and donate half the proceeds to medical research. And for the record: “I am not selling to raise cash - my companies and I have record amounts of cash on hand.”

November 2019: The U.S. Supreme Court refuses to hear his appeal, soon after which, the DOJ says, he finally forfeits the album.

Etc, etc, he’s currently in prison and due for release in September 2023. We’re all happy he doesn’t have the album around to smash when he comes home.
Click to expand...

Click to expand...

I guess it's appropriate that it was bought by cryptobros.

Crypto Bros Bought the 'OG NFT,' aka Martin Shkreli's Wu-Tang Album

Crypto enthusiasts bought the Wu-Tang album, possibly a haunted talisman whose previous owner Pharma Bro went to prison shortly after he announced that he’d bought it in a $2 million troll. Can these dudes handle it? The New York Times and Rolling Stone have profiles. They seem fine.

One copy of the two-disc, 31-track album Once Upon a Time in Shaolin was pressed and encased in a baroque bejeweled box, and sold with an attached condition that it couldn’t be commercially released for sale until 2103. In 2015, Pharma Bro Martin Shkreli bought it in an online auction and lost it when the Department of Justice seized his assets in 2018. The album was purchased anonymously in July. The buyers, a group called PleasrDAO, revealed themselves as the buyers today.

Whether it matters or not to collectors, it might not be an authorized Wu-Tang album. Bloomberg reported after the Shkreli sale that it was a bunch of verses compiled by producer Cilvaringz, who’d misled contributors into believing they were making his album, and only RZA seemed onboard and aware.

Wu-Tang Clan members say it was just okay or it could get fucked.

PleasrDAO, a 74-member group of collectors and artists, claim to be interested in the album for reasons beyond a return on investment. In their words, they’ve “built a formidable yet benevolent reputation for acquiring culturally significant pieces with a charitable twist.” (A DAO, a decentralized autonomous organization, is a cryptocurrency investment fund owned by no one. Members buy-in in exchange for tokens which give them voting power in making investment decisions; voting power increases with the investments.) Their intentions seem pure-ish. They told the New York Times that they plan to play it at in-person events and envision perhaps somehow offering the public collective ownership.

They naturally minted an NFT deed of ownership and made a bunch of tie-ins to the blockchain which might work if you hammer it hard enough—the DAO’s Chief Pleasing Officer squeezed in some blockchain tie-ins, describing it to the Times as the “OG NFT” and Wu-Tang as the “the OG DAO” etc etc etc and so on. They’re not threatening to hide it in a dormant volcano or destroy it. That’s good.
Click to expand...

Click to expand...

That is 90% gibberish. I feel bad for reporters on tech/crypto beats.
Click to expand...

You should feel worse for general assignment reporters who get stuck with a story like that.

Tuckerfan · Jan 14, 2022

Rimjob Bob · Jan 14, 2022

That's a start. Now when is the rest of big pharma gonna answer for its greed?

Tererune · Jan 14, 2022

They put him in the allenwood country club? 7 years of golf, tennis lessons, and back massages. The conjugal visit rooms are better than expensive hotel rooms.

The father of a friend of mine went there after embezzlement charges and I drove his mother there occasionally for some decent cash when I was young.

Tuckerfan · May 18, 2022

‘Pharma Bro’ Martin Shkreli Gets Early Release From Prison

Tuckerfan · Jul 26, 2022

He's now into blockchain.

Free From Prison, the Pharma Bro Is Now a Crypto Pharma Bro

If there’s one thing we can trust Martin Shkreli to do, it’s revolutionize the healthcare industry. The disgraced pharmaceutical executive is now behind a Web3 based drug discovery platform called Druglike, that seeks to increase the accessibility of drug discovery through decentralized computing.

The pharmaceutical industry is a greedy industry that cashes in on vulnerable populations and is in desperate need of a revolution. But in a cruel twist of fate, the man that’s interested in that revolution is none other than Martin Shkreli. You may remember him as the guy who raised the price of a life-saving drug by 5,000%. The predatory pharmaceutical executive also just recently finished a stint in prison. He’s now the cofounder of a new company called Druglike, which apparently looks to democratize the costs of drug discovery (drug discovery is a subfield of pharmacology that seeks to identify new drugs) via decentralized computing.

“We started Druglike because in our experience, traditional drug discovery software is too difficult and expensive to use,” said Shkreli, cofounder of Druglike, in a press release. “Druglike will remove barriers to early-stage drug discovery, increase innovation and allow a broader group of contributors to share the rewards. Underserved and underfunded communities, such as those focused on rare diseases or in developing markets, will also benefit from access to these tools.”

Okay, so we have a shady ex-pharmaceutical executive known for doing the opposite of democratizing the costs of medicine joining forces with a digital infrastructure that doesn’t even really exist yet...what could go wrong? Druglike argues that an average $1.3 billion is spent on the discovery and development of a single FDA-approved drug, citing a 2020 paper in the Journal of the American Medical Association, and that drug discovery typically occurs on cloud computing, which can cost various institutions an exorbitant amount of money. This barrier to entry can gatekeep the industry from smaller companies and researchers. Druglike claims they can breakup the intensive computer work to different “nodes” via a “blockchain-based” network.

What Druglike gets right is that the healthcare research industry is incredibly expensive and difficult to break into, meaning that pharmaceutical companies now have an incentive to recoup those costs however they want. But are we just going to ignore the fact that Martin Shkreli is a cofounder of this company?
Click to expand...

Order2Chaos · Jul 27, 2022

Tuckerfan said: ↑

He's now into blockchain.

Free From Prison, the Pharma Bro Is Now a Crypto Pharma Bro

If there’s one thing we can trust Martin Shkreli to do, it’s revolutionize the healthcare industry. The disgraced pharmaceutical executive is now behind a Web3 based drug discovery platform called Druglike, that seeks to increase the accessibility of drug discovery through decentralized computing.

The pharmaceutical industry is a greedy industry that cashes in on vulnerable populations and is in desperate need of a revolution. But in a cruel twist of fate, the man that’s interested in that revolution is none other than Martin Shkreli. You may remember him as the guy who raised the price of a life-saving drug by 5,000%. The predatory pharmaceutical executive also just recently finished a stint in prison. He’s now the cofounder of a new company called Druglike, which apparently looks to democratize the costs of drug discovery (drug discovery is a subfield of pharmacology that seeks to identify new drugs) via decentralized computing.

“We started Druglike because in our experience, traditional drug discovery software is too difficult and expensive to use,” said Shkreli, cofounder of Druglike, in a press release. “Druglike will remove barriers to early-stage drug discovery, increase innovation and allow a broader group of contributors to share the rewards. Underserved and underfunded communities, such as those focused on rare diseases or in developing markets, will also benefit from access to these tools.”

Okay, so we have a shady ex-pharmaceutical executive known for doing the opposite of democratizing the costs of medicine joining forces with a digital infrastructure that doesn’t even really exist yet...what could go wrong? Druglike argues that an average $1.3 billion is spent on the discovery and development of a single FDA-approved drug, citing a 2020 paper in the Journal of the American Medical Association, and that drug discovery typically occurs on cloud computing, which can cost various institutions an exorbitant amount of money. This barrier to entry can gatekeep the industry from smaller companies and researchers. Druglike claims they can breakup the intensive computer work to different “nodes” via a “blockchain-based” network.

What Druglike gets right is that the healthcare research industry is incredibly expensive and difficult to break into, meaning that pharmaceutical companies now have an incentive to recoup those costs however they want. But are we just going to ignore the fact that Martin Shkreli is a cofounder of this company?
Click to expand...

Click to expand...

It’s pretty hand-wavy from the description and I’d want to see a white paper, but it’s not the worst use I’ve heard of for (presumably) Ethereum. Still probably inefficient compared to a more traditional distributed system like Folding@Home, except for the payments part, which could be completely automated. It’d be impressive if Shkreli is the worst thing about this idea, but I’d say it’s not completely out of the realm of possibility that he is.

Order2Chaos · Jul 27, 2022

Order2Chaos said: ↑

Tuckerfan said: ↑

He's now into blockchain.

Free From Prison, the Pharma Bro Is Now a Crypto Pharma Bro

If there’s one thing we can trust Martin Shkreli to do, it’s revolutionize the healthcare industry. The disgraced pharmaceutical executive is now behind a Web3 based drug discovery platform called Druglike, that seeks to increase the accessibility of drug discovery through decentralized computing.

The pharmaceutical industry is a greedy industry that cashes in on vulnerable populations and is in desperate need of a revolution. But in a cruel twist of fate, the man that’s interested in that revolution is none other than Martin Shkreli. You may remember him as the guy who raised the price of a life-saving drug by 5,000%. The predatory pharmaceutical executive also just recently finished a stint in prison. He’s now the cofounder of a new company called Druglike, which apparently looks to democratize the costs of drug discovery (drug discovery is a subfield of pharmacology that seeks to identify new drugs) via decentralized computing.

“We started Druglike because in our experience, traditional drug discovery software is too difficult and expensive to use,” said Shkreli, cofounder of Druglike, in a press release. “Druglike will remove barriers to early-stage drug discovery, increase innovation and allow a broader group of contributors to share the rewards. Underserved and underfunded communities, such as those focused on rare diseases or in developing markets, will also benefit from access to these tools.”

Okay, so we have a shady ex-pharmaceutical executive known for doing the opposite of democratizing the costs of medicine joining forces with a digital infrastructure that doesn’t even really exist yet...what could go wrong? Druglike argues that an average $1.3 billion is spent on the discovery and development of a single FDA-approved drug, citing a 2020 paper in the Journal of the American Medical Association, and that drug discovery typically occurs on cloud computing, which can cost various institutions an exorbitant amount of money. This barrier to entry can gatekeep the industry from smaller companies and researchers. Druglike claims they can breakup the intensive computer work to different “nodes” via a “blockchain-based” network.

What Druglike gets right is that the healthcare research industry is incredibly expensive and difficult to break into, meaning that pharmaceutical companies now have an incentive to recoup those costs however they want. But are we just going to ignore the fact that Martin Shkreli is a cofounder of this company?
Click to expand...

Click to expand...

It’s pretty hand-wavy from the description and I’d want to see a white paper, but it’s not the worst use I’ve heard of for (presumably) Ethereum. Still probably inefficient compared to a more traditional distributed system like Folding@Home, except for the payments part, which could be completely automated. It’d be impressive if Shkreli is the worst thing about this idea, but I’d say it’s not completely out of the realm of possibility that he is.
Click to expand...

Also, is that true that drug discovery computation is done on the cloud? That’s insane if you need that dense computing power. It’s much more cost-effective to lease or often buy it if you have any capability to physically store and power it. Maybe if my current venture falls apart, I’ll start a compute center in a box business. Cause damn.

Tuckerfan · Aug 17, 2022

And his company got hacked because of a Trojan he downloaded while torrenting a porn.

https://web3isgoinggreat.com/?id=martin-shkreli-dumps-his-projects-token-in-hack

(And Steve thought using BT to pirate stuff was bad.)

Tuckerfan · Apr 21, 2023

Who Asked for This: Pharma Bro Martin Shkreli Releases Medical ChatGPT Knockoff

Hey, @Order2Chaos how hard would it be to reskin this thing and have it be voiced by Dr. Nick from The Simpsons?

Tuckerfan · Apr 26, 2023

Twitter Suspends Pharma Bro Martin Shkreli—Again—After He Debuts Medical ChatGPT Knockoff

Imagine being such a giant douche that even Elmo can't stand your ass!

Tuckerfan · May 5, 2023

Tuckerfan · Aug 30, 2023

How Vivek Ramaswamy helped make Martin Shkreli the ‘pharma bro’

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Remember "Pharma Bro" Martin Shkreli?

garamet "The whole world is watching."

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matthunter Ice Bear

garamet "The whole world is watching."

Tuckerfan BMF

Fisherman's Worf I am the Seaman, I am the Walrus, Qu-Qu-Qapla'!

Tuckerfan BMF

Ten Lubak Salty Dog

mburtonk mburtonkulous

MikeH92467 RadioNinja

Tuckerfan BMF

Rimjob Bob Sue Collini always gets the weenie

Tererune Troll princess and Magical Girl

Tuckerfan BMF

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