Michael Arrington's digital asset management firm subpoenaed
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Michael Arrington, founding partner of Arrington XRP Capital, tweeted that his firm was subpoenaed by the SEC for the second time. "The legal costs of dealing with these are not insignificant," Michael wrote. As a result, Arrington XRP Capital will not invest in any additional U.S. deals and instead will focus on opportunities abroad. (Source: CoinDesk)
