📄 Michael Arrington's XRP Capital subpoenaed by SEC, plans to stop U.S. investments

Founder of XRP Capital, Michael Arrington, announced that his hedge fund will no longer invest in U.S. based companies after recieving a subpoena from the U.S. Securities and Exchange Commission (SEC). Arrington noted that his firm plans to pivot to Asia based investing and that the cost to deal with the request will not be "insignificant."

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.