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Former AriseBank Execs Settle Charges in SEC ICO Fraud Lawsuit

As the CoinDesk announced, the U.S. Securities and Exchange Commission (SEC) has settled charges with two former executives of AriseBank, which was hit with a token sale fraud lawsuit in early 2018. Former AriseBank CEO Jared Rice Sr. and former COO Stanley Ford will pay a combined $2.7 million in disgorgement and penalties, as well […]