- Martin Shkreli has been released from prison and is being transferred to a halfway house.
- Shkreli will be released from all federal custody on September 14, per the US Bureau of Prisons.
- Shkreli was serving a seven-year sentence after he was found guilty of securities fraud in 2017.
Former pharmaceutical exec and so-called "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," his lawyer, Benjamin Brafman, told Insider.
Shkreli posted a selfie to his Facebook page Wednesday with the caption "Getting out of real prison is easier than getting out of Twitter prison."
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 anti-trust lawsuit for raising the price of the rare life-saving anti-parasitic drug Daraprim by 5,000 percent.
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 banned 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.
Shkreli is scheduled to be completely released from federal custody on September 14, according to the BOP website.