FBI arrests Jared Rice, Sr., CEO of cryptocurrency platform AriseBank, for defrauding investors out of $4M+ and charges him with securities and wire fraud (Yogita Khatri/CoinDesk)

Yogita Khatri / CoinDesk:
FBI arrests Jared Rice, Sr., CEO of cryptocurrency platform AriseBank, for defrauding investors out of $4M+ and charges him with securities and wire fraud  —  The FBI has arrested the CEO of cryptocurrency platform AriseBank after he was indicted over an alleged multi-million dollar scam.

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