AriseBank To Pay $2.3M Over ICO Violations
PYMNTS
DECEMBER 13, 2018
AriseBank, a startup that ran afoul of regulators in the U.S. The Securities and Exchange Commission (SEC) said it had appointed a receiver to secure AriseBank’s cryptocurrency holdings. million worth of cryptocurrency but was not able to locate the rest of the money raised. million, reported The Wall Street Journal.
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