SEC charges Dallas crypto-currency business with fraud
The U.S. Securities and Exchange Commission’s Fort Worth Regional Office has charged Dallas-based AriseBank and its executives with fraud, illegally selling unregistered securities and providing misleading information to potential investors – all part of an initial coin offering of its own crypto-currency.In a potentially precedent-setting case, U.S. District Chief Judge Barbara Lynn issued an order Friday halting all business operations of AriseBank, which claimed to be the world&rs
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