Prominent Silicon Valley investor and 
After he sold TechCrunch in 2010, the one thing he splurged on was a boat, Arrington writes on his blog, Uncrunched.
But now he says buying the boat, which he has named "Buddy," was one of the worst decisions he's ever made, and that the nightmare is just beginning.
Since Buddy was from Canada, it had to go through customs, as required by the DHS.
When Arrington arrived to fill out the necessary paperwork, he found an error on it. The DHS had changed the currency from Canadian to U.S. dollars.
"I pointed out the error and suggested that we simply change the currency from US $ to CAD $ so that is was correct," Arrington writes. "Or instead, amend the amount so that it was correct in U.S. dollars."
The DHS agent didn't care and insisted that he sign the form anyway, Arrington says. But Arrington wouldn't sign it, so the DHS ended up seizing his boat.
"A person with a gun and a government badge asked me to swear in writing that a lie was true today," Arrington writes. "And when I didn’t do what she wanted she simply took my boat and asked me to leave."