March 22, 2019 BY Valentina Kirilova
AriseBank in a $4.2 million ICO scam - CEO pleads guilty
AriseBank is a cryptocurrency bank that found itself amidst a $4.2 million ICO scam. The former CEO of the institution pleaded guilty to deceiving investors of around $4.2 million. The information comes from the US news agency Dallas News. Jared Rice Sr. is essentially the founder of AriseBank. What the founder admitted in federal court…
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