He was prosecuted for raising the price of Daraprim, at least indirectly. This case is peanuts in the world of investment fraud, but Shkreli was an extremely so

He was prosecuted for raising the price of Daraprim, at least indirectly. This case is peanuts in the world of investment fraud, but Shkreli was an extremely soft target and a prosecutor looking to make a name for themselves saw the opportunity and took it. There's very little chance of the case being overturned, but I'm guessing he'll go for a sentence reduction by trying to emphasize that his sentence is based on a hypothetical loss number.