The arisebank issues was some form of scam although I did not pay apt attentions to the news but the topic has been deliberated on here in the forum before here is one of many links
https://bitcointalksearch.org/topic/arise-bank-arise-coinis-it-a-scam-2664393
Topic: What happened to AriseBank? (Read 152 times)
The former executives from the AriseBank ICO settled charges with SEC and agreed to pay a total of almost $3M.
https://coincodex.com/article/2748/former-arisebank-ico-executives-settle-charges-with-sec-agree-to-pay-total-of-27-million/
https://coincodex.com/article/2748/former-arisebank-ico-executives-settle-charges-with-sec-agree-to-pay-total-of-27-million/
I heard that the CEO scammed a lot of people, is this another Bitconnect?
When crypto world try to name itself Bank you know its a scam because common folks see Bank as something trustworthy in general.Its good they catched him fast enough to not let him do too much damage.
https://www.coindesk.com/fbi-arrests-arisebank-ceo-over-4-million-crypto-fraud
Quote
The FBI has arrested the CEO of cryptocurrency platform AriseBank after he was indicted over an alleged multi-million dollar scam.
I heard that the CEO scammed a lot of people, is this another Bitconnect?
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