In that post, the 34-year-old offered a generous bounty to anyone who could steal a hair from former Democratic presidential candidate Hillary Clinton while she was on her book tour. Sorry you didn't get Hillary Clinton's hair for whatever perverted reason you wanted it, but I hope you enjoy your new home behind bars. He obtained money from investors and didn't tell when he made bad stock bets that led to massive losses.
Judge Matsumoto said the Clinton remarks were the final straw and would "cause a reasonable person to have concern". He was accused of using money from Retrophin, his publicly traded drug company, to pay back investors who lost money in two of his hedge funds. They carry a maximum of 20 years in prison, though experts predict the actual sentence will likely be much less.
Shkreli, 34, dubbed the "pharma bro" for exploits that include jacking up the price of a life-saving drug by 5,000 percent, was silent and stony-faced as US marshals led him out of a Brooklyn courtroom.
Shkreli has said he feels "exonerated" despite his conviction and thinks there's a "50-50 chance" he won't face any punishment.
"The fact that he continues to remain unaware of the inappropriateness of his actions or words demonstrate to me he may well be an ongoing danger or risk to the community", Matsumoto said.
Image Shkreli stands with his lawyer after being convicted of securities fraud in August
Brafman maintained that line on Wednesday, prompting the judge to pointedly ask: "What's amusing about that?" Now his defense tried to say that, look, other politicians like Donald Trump have said awful things and they didn't have their bail revoked, and needless to say that argument didn't work. Maybe he was going to run her ancestry DNA results for her, we don't know. His defense - that the comments were protected by American free speech laws - was flat-out rejected.
Shkreli, 34, dubbed the "pharma bro" for exploits that include jacking up the price of a life-saving drug by 5,000 percent, was silent and stony-faced as USA marshals led him out of a Brooklyn courtroom.
Shkreli apologized, saying he "used poor judgment" and asked the judge not to change his bail status.
And so, Pharma Bro is now in jail, a rare moment of justice in an otherwise unjust world.
But prosecutors noted that the Secret Service took his comments seriously enough to increase Clinton's security and they noted Shkreli could not guarantee that one of his followers, seeking the $US5,000 payoff, fame or just Shkreli's approval, might not act on his behalf.More news: Cassini Grand Finale: Orbiter Goes Out in a Blaze on Friday
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