Receiver reports on AriseBank

Receiver reports on AriseBank

Co-founders of AriseBank failed to comply with property disclosure requirements. The receiver appointed for the case, Mark Rasmussen, doubts that the co-founders have not wholly disclosed information since he has acknowledged 27.96 bitcoins, 271.33 litecoins, and such others. Third parties have been summoned. Presently, the assets are held by the receiver. A report on liquidation plan is expected in April.

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