Martin Shkreli has been released from prison and is being transferred to a halfway house.- He will be released from all federal custody on September 14, the US Bureau of Prisons said.
The former pharmaceutical exec and "Pharma Bro" Martin Shkreli has been released from prison early and sent to a halfway house, having served less than five years of his seven-year sentence.
"While in the halfway house, I have encouraged Mr. Shkreli to make no further statement, nor will he or I have any additional comments at this time," Benjamin Brafman, his lawyer, told Insider.
Shkreli posted a selfie on his Facebook page Wednesday with the caption: "Getting out of real prison is easier than getting out of Twitter prison." He was likely referencing his 2017 suspension from the platform for harassing a journalist.
Earlier on Wednesday, a supporter posted a photo of himself with Shkreli dressed in a gray sweatshirt.
—Edmund Sullivan (@edmundsullivan) May 18, 2022
Shkreli was found guilty of securities fraud in 2017 and faced a separate antitrust lawsuit for raising the price of the rare, life-saving anti-parasitic drug Daraprim by 5,000%.
He also made headlines when a one-of-a-kind Wu-Tang Clan album he bought for $2 million was seized by the Feds to pay part of his criminal penalty.
Earlier this year, a federal judge barred him from the pharmaceutical industry for life and ordered him to pay a $64.6 million fine.
Shkreli was released from a Pennsylvania prison after serving part of a seven-year sentence and will be transferred to a "community confinement" program, the US Bureau of Prisons confirmed to Insider.
He is scheduled to be completely released from federal custody on September 14, according to the bureau's website.