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KM Financial Solutions | UPDATE 1-U.S. SEC halts AriseBank’s initial coin offering, alleges fraud
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UPDATE 1-U.S. SEC halts AriseBank’s initial coin offering, alleges fraud

29 Jan UPDATE 1-U.S. SEC halts AriseBank’s initial coin offering, alleges fraud

Posted at 16:56h in News by
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NEW YORK/WASHINGTON, Jan 30 (Reuters) – The U.S. Securities
and Exchange Commission has halted what it alleged was a
fraudulent initial coin offering by Dallas-based AriseBank to
raise $1 billion for its “AriseCoin” cryptocurrency, the agency
said in a statement on Tuesday.

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