Judge bashes Shkreli's offer for Clinton's hair, revokes bond

Martin Shkreli, co-founder of MSMB Capital Management, co-founder and CEO of the biotechnology firm Retrophin, and founder and former CEO of Turing Pharmaceuticals, listens to comments from the House Committee on Oversight and Government Reform in February, 2016.

NEW YORK (AP) - A judge who revoked the bail of former pharmaceuticals company CEO Martin Shkreli and had him taken to jail says his offer to pay a $5,000 bounty for a Hillary Clinton hair with the follicle was "solicitation of an assault."

The judge said Wednesday that's not protected by the First Amendment and there's "a risk someone may take" Shkreli up on his offer.

Shkreli is awaiting sentencing for a securities fraud conviction. His defense argued in court papers his recent offer to pay the $5,000 bounty for Clinton's hair was "political satire or strained humor." The government calls the comments threats worthy of revoking the bail of the so-called Pharma Bro.

Shkreli is best known for hiking up the price of a life-saving drug and for trolling his critics online. He has said he feels "exonerated" despite his conviction.