TechCrunch Founder’s Crypto Fund Subpoenaed By SEC
Michael Arrington's crypto-fund has reportedly been subpoenaed by the Securities and Exchange Commission.
Michael Arrington has also dived into blockchain capital investments with his $100m firm, Arrington XRP Capital.
An investor in Arrington XRP Capital has put up another $30 million, enabling the fund to acquire an Australian trading firm.
The real estate digitization platform aims to raise $1.7 million.
Arrington XRP Capital may stop funding U.S.-based blockchain startups after being subpoenaed repeatedly by the SEC.
A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.