• May 27, 2022

Martin Shkreli: “I started using Uniswap in prison”

Martin Shkreli: “I started using Uniswap in prison”

Days after being released from prison for fraud, during a Twitter Spaces session, Martin Shkreli “Pharma Bro”, said that he used Uniswap while in prison.

In addition, he indicated that he was optimistic about the future of cryptocurrencies. In fact, Martin Shkreli was enthusiastic about DeFi and identified Algorand and Solana as promising projects. As if that were not enough, he expressed that he believed that Ethereum could surpass Bitcoin in the future.

As a curious fact, on Facebook, Martin Shkreli said: “Getting out of the real prison is easier than getting out of the Twitter prison».

To recall, Martin Shkreli “Pharma Bro”, the most hated man in America, was the one who ordered drastic increases in the prices of a drug, changing its price from $13.50 to $750. Specifically, Daraprim, a drug used to treat toxoplasmosis and malaria.

In addition, Shkreli also created supply agreements to prevent competitors from offering a generic version of the unpatented drug. Which is used to treat parasitic disease in pregnant women and HIV patients, and is essential to save their life.

Martin Shkreli is optimistic about the future of cryptocurrencies

Particularly, the controversial entrepreneur shared his thoughts on the future of Bitcoin and DeFi to an audience of cryptocurrency enthusiasts.

Indeed, Shkreli said he is optimistic about the direction DeFi is taking and revealed that he has used the technology in the past.

«Uniswap is really cool. I started using it in prison».

For his part, the founder of Uniswap, Hayden Adams, spoke about Shkreli after the topic on Twitter Spaces, began to trend on social networks. «Will Shkreli still like Uniswap when he knows I heard that?».

Pharma Bro, talk about DeFi

He also discussed how DeFi could usurp the traditional financial system in the future. «I don’t think that’s the limit of what he can do. I think we will see more and more financial products ending in DeFi. Eventually, we will see a crypto entity bigger than the banking giants».

«There are so many ways to do things with DeFi. Clearly, there should be an Apple coin and a Tesla part».

Likewise, Martin Shkreli, named Algorand and Solana as two Layer 1 projects that could reduce the dominance of the Bitcoin market. Noting, that he believes that the reign of major cryptocurrencies could erode over time. He said he thinks Ethereum could surpass Bitcoin’s market cap.

He was released early

Simply put, Martin Shkreli, sentenced in 2018 to 7 years in prison, was released from a federal prison in Pennsylvania. And transferred to a rehabilitation center, located in New York.

In this regard, his lawyer Ben Brafman said: “While he is in the halfway house, I encouraged Mr. Martin Shkreli not to make any further statements. Neither he nor I will have any further comment at this time».

I close with this phrase by Vitalik Buterin: “How do we create a culture where it’s harder to become the topic of public conversation by doing something terrible, and easier to do it by doing something great?».