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Cryptocurrency Fraud

The SEC accuses AriseBank and its co-founders in a federal complaint of selling fraudulent and unregistered securities in the form of an “initial currency offering” in cryptocurrency, which they claim is already worth $600 million.

DALLAS — The SEC accuses AriseBank and its co-founders in a federal complaint of selling fraudulent and unregistered securities in the form of an “initial currency offering” in cryptocurrency, which they claim is already worth $600 million.

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