FCC Chairman Tom Wheeler proposed new rules that would force pay-TV companies to give third parties access to TV content, letting hardware makers build better set-top boxes. Customers would be able to watch all the TV channels they're already paying cable companies for, but on a device that they don't have to rent from them. The rules could also bring TV to tablets and other devices without need for a rented set-top box. The system would essentially replace CableCard with a software-based equivalent.
Shkreli was notoriously arrested on suspicion of fraud in December of 2015.