AriseBank To Pay $2.3M Over ICO Violations
PYMNTS
DECEMBER 13, 2018
million from investors after claiming to raise $600 million, lied about an endorsement from boxing champion Evander Holyfield and pledged to set up more than 1,000 ATMs to let users access cryptocurrency accounts when launching its ICO. The ICO came at the height of the digital token and ICO craze of 2017.
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