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


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

Shkreli, who served five years in federal prison after being convicted of securities fraud in 2017, said Bankman-Fried needs to vary his appearance if he’s to survive being locked up.

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

“Sam goes to have a number of issues because he’s a little bit of an effeminate guy and his demeanor — some people say autistic type of sense, or sensibility — just isn’t something that goes over well in prison.” Shkreli said in an interview Friday with cryptocurrency journalist Laura Shin.

Bankman-Fried was released on $250M bail as he awaits trial on fraud charges. If convicted, he faces as much as 115 years in prison.

Sam Bankman-Fried is facing 115 years in prison if convicted on fraud charges.Matthew McDermott

“He needs to be listening to as much rap music as possible… pick those things up as quickly as he can,” Shkreli said on the Shin’s podcast “Unchained.”

If Bankman-Fried preps on topics including “criminal culture” it could “save your life,” Shkreli added.

“Learn the whole lot there may be to learn about gangs, concerning the tough neighborhoods in every city,” he said

Shkreli, who spent five years in prison, has some recommendations for the disgraced FTX founder.Shkreli, who spent five years in prison, has some recommendations for the disgraced FTX founder.Getty Images

Shkreli, who was sprung from prison in May, rose to notoriety after he hiked the worth of life-saving AIDS treatment Daraprim to $750 a pill from $17.50 after obtaining the exclusive rights to it in 2015. 

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