Who is Martin Shkreli 'the most hated man in America'?

Martin Shkreli Ordered To Forfeit $7.36M In Assets, Including His Famous $2M Wu-Tang Album

Martin Shkreli, seen here after being convicted of defrauding investors in two hedge funds and in Retrophin Inc. on August 4, was sentenced Friday to seven years in prison by U.S. District Judge Kiyo Matsumoto.

Martin Shkreli, Wu-Tang Clan fan, pharma bro, and embodiment of the evils of capitalism, has been sentenced to seven years in federal prison. "I am here because of my gross, stupid and negligent mistakes I made". This is my fault.

"The one person to blame for me being here today is me", Shkreli told the judge.

Shkreli is most known by hip-hop fans for purchasing the only copy of Wu-Tang Clan's final album for $2 million at an auction.

Shkreli cried in court before the sentence was handed down.

His sentence was less than half the minimum 15-year term asked for by prosecutors but much longer than the 12-18 months Shkreli's lawyers had sought.

Shkreli, who was already ordered to forfeit $7.36 million, was fined $75,000 and received credit for the almost six months he has spent behind bars.

Brafman had argued for a lenient sentence, saying: "He should not be sentenced exclusively for being Martin Shkreli, with all the baggage he brings to the table". Shkreli's attorney Benjamin Brafman even said at times he wished to inflict bodily harm on his own client while he argued for a light sentence.

The judge insisted the punishment was not about Shkreli's online antics or raising the cost of the drug.

Best known for a 2015 price-gouging scandal involving a decades-old drug that his company acquired, Shkreli was convicted of securities fraud during his time running a hedge fund. Another letter was from a man who said he met Shkreli while driving a cab and expressed his appreciation at how he ended up giving him an internship at one of his drug companies.

At the sentencing hearing, prosecutor Jacqueline Kasulis slammed Shkreli as an unrepentant fraudster who cares only about himself and his supersized ego.

A U.S. prosecutor, Jacquelyn Kasulis, said that the image of a troubled young man belied Shkreli's arrogance and contempt for the legal process, along with sometimes vicious comments before, during and after the trial.

A federal judge in Brooklyn will have to weigh the conflicting portrayals of the former pharmaceutical company CEO on Friday at his sentencing on a securities fraud conviction.

The verdict left Brafman suggesting that Shkreli might even avoid jail time.

Earlier this week, he was ordered to forfeit more than $7 million in assets and on Friday, he was finally sentenced to seven years in prison - somewhat light considering prosecutors were arguing for 15.

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