AriseBank CEO arrested over a crypto scam

AriseBank CEO arrested over a crypto scam

The AriseBank CEO Jared Rice was accused by the FBI for his involving in a cryptocurrency scheme and cheating nearly hundreds of investors. The official misled the investors claimed that the AriseBank is the ‘first decentralized banking platform.’ He also falsely emphasized that the company has managed to raise $600 million within a few weeks of its ICO.

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