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Martin Shkreli gives Sam Bankman-Fried tips for potential prison stint

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Ex-con “Pharma Bro” Martin Shkreli provided some jailhouse knowledge to alleged crypto conman Sam Bankman-Fried if he finally ends up going to jail: Shave your head and brush up on rap lyrics.

Shkreli, who served 5 years in federal jail after being convicted of securities fraud in 2017, mentioned Bankman-Fried wants to alter his look if he’s to outlive being locked up.

To try this, Shkreli advised the 30-year-old fallen crypto whiz child shave off his wild hair and deepen his voice to suit into the “very testosterone-filled, masculine place.”

“Sam goes to have loads of points as a result of he’s a little bit of an effeminate man and his demeanor — some individuals say autistic form of sense, or sensibility — shouldn’t be one thing that goes over properly in jail.” Shkreli mentioned in an interview Friday with cryptocurrency journalist Laura Shin.

Bankman-Fried was launched on $250M bail as he awaits trial on fraud fees. If convicted, he faces as much as 115 years in jail.

Bankman-Fried leave Manhattan Federal Court
Sam Bankman-Fried is going through 115 years in jail if convicted on fraud fees.
Matthew McDermott

“He ought to be listening to as a lot rap music as doable… decide these issues up as shortly as he can,” Shkreli mentioned on the Shin’s podcast “Unchained.”

If Bankman-Fried preps on matters together with “legal tradition” it might “save your life,” Shkreli added.

“Be taught all the pieces there’s to learn about gangs, concerning the powerful neighborhoods in each metropolis,” he mentioned

Shkreli, who spent five years in prison, has some recommendations for the disgraced FTX founder.
Shkreli, who spent 5 years in jail, has some suggestions for the disgraced FTX founder.
Getty Photographs

Shkreli, who was sprung from jail in Might, rose to notoriety after he hiked the worth of life-saving AIDS treatment Daraprim to $750 a capsule from $17.50 after acquiring the unique rights to it in 2015.