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SEC issues Subpoenas to 80 Crypto Companies - Incrypts

SEC issues Subpoenas to 80 Crypto Companies

Nearly 80 cryptocurrency companies were subpoenaed by the U.S. Securities and Exchange Commission (SEC). The list included TechCrunch founder Michael Arrington. Arrington stated that the government should figure out the rules and regulations to be followed in the crypto market. Memorandum of Appearance of PlexCrops Company emphasized that the SEC probe would happen throughout the year.