AriseBank CEO pleads guilty to $4.2M fraud
Jared Rice has entered a guilty plea to one charge of securities fraud, but could have implicated himself in lying to investors during his time at AriseBank.
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AriseBank founders to pay millions over ICO fraud charges
AriseBank acting CEO Jared Rice and founder Stanley Ford, has now been slapped with a $2.7-million fine by a U.S. federal court.
AriseBank CEO arrested by FBI over $4M scam
The Federal Bureau of Investigation has arrested the co-founder of a crypto platform following his indictment on charges that resulted in millions of dollars in losses to a number of investors.
Over 80% ICO projects in 2017 are ‘identified scams,’ Statis study finds
In 2017, “over 70% of ICO funding (by $ volume) to-date went to higher quality projects, although over 80% of projects (by # share) were identified as scams,” according to the Statis study.