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'Pharma Bro' Martin Shkreli Weighs in on SBF's Trial Judge

Fri, 12/30/2022 - 15:05
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Alex Dovbnya
Controversial entrepreneur appeared on 'Unchained' podcast to voice his opinion about judge who will preside over trial of FTX founder Sam Bankman-Fried
'Pharma Bro' Martin Shkreli Weighs in on SBF's Trial Judge
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During a recent appearance on the "Unchained" podcast hosted by Laura Shin, Martin Shkreli, a former pharmaceutical executive known for hiking the price of a life-saving drug by a staggering 5,000%, opined that U.S. District Judge Lewis Kaplan is a good pick for disgraced FTX founder Sam Bankman-Fried.

While Kaplan is an ill-tempered man known to not suffer fools, his focus on detail may give Sam's legal team an edge since it is expected to prepare a competent legal defense. Further analyzing Bankman's chances of receiving a lenient sentence, Shkreli suggested that young prosecutors can make mistakes and should expect to face some tough questions from Judge Kaplan if their case against Bankman-Fried does not hold up well.

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Shkreli, who was previously convicted of fraud and securities law violations in 2017, stated that the judge appointed to oversee Bankman-Fried's trial could be more lenient if the FTX is able to portray himself as a sympathetic figure.

"The judge is going to read a lot about you, they're going to be talking about you as the defendant for the next two years. So, to humanize yourself and show who you really are is going to matter a lot," Shkreli said.

According to the pharma bro, Bankman-Fried could be looking at the ballpark of 20 years if he plays his cards right. "I think he could be looking at 20 or less, possibly," he said.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at