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RE: Arisebank | Raided by FBI and SEC | Interview of Jared Rice Sr.

in #crypto7 years ago (edited)

"Nothing to do with BitShares" except that you, @Stan, repeatedly associated BitShares' name with this outright scam, right on this very platform, thus lending it credibility - you literally posted about having 'our strategic alliance', where by 'our' you meant BitShares, who you were apparently claiming to represent in some way, and AriseBank - https://steemit.com/bitshares/@stan/bitshares-on-front-page-at-zero-hedge-arise-bank-deal . The deal with the special BitShares discount for AriseBank was both a big red flag already, and was associating BitShares with AriseBank.

I was posting multiple times to you to, pointing it out for the scam that it is, providing more than ample evidence, though it's not hard to find if you care to look, and asking you to do the responsible thing - to disassociate your name and BitShares' name from this scam, and to call it out for the scam that it is, but you didn't.

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I'll copy-paste one of my previous posts from a week back pointing to the evidence here, in case you're interested in confirming what I'm saying:

I've looked into this AriseBank ICO quite deeply already, and it is has all the markings of a total scam .... please upvote this comment if you believe it's worth highlighting this fact, because it looks like a lot of people are losing a lot of money on this scam, due probably in large part to the apparent credibility given to it by the partnership with Bitshares. (or at least, if you think that it's worth highlighting all the evidence pointing to it being a scam which I haven't yet found well rebutted anywhere, and note I did go through one rebuttal to the accusations written by Arisebank - https://medium.com/@AriseBank/arisebank-isnt-a-scam-it-s-a-victim-of-libel-and-slander-d30ed800f483 - which after looking into everything a little more only made me more confident that the whole thing is in fact a scam ...)

Here's some articles demonstrating that it's a scam - it should be pretty easy to confirm for yourself that it's truly a scam by just confirming for yourself some of things pointed out by these articles:
https://medium.com/@aenigmacapital/investor-warning-arisebank-ico-strategic-partnership-with-bitshares-is-a-scam-96b8b473a61d
https://medium.com/@finmakler_sokol/arisebank-my-2-cents-based-on-the-chat-in-the-pivx-arisebank-channel-and-some-research-done-over-5305ff97f5bd

There's also one post I found on steemit looking into it further, but it seems to have been downvoted, which is unfortunate - https://steemit.com/bitshares/@clockwork/more-proof-arisebank-is-a-scam

You can also simply google 'jared rice and stanley ford' to read about Jared Rice's past scams - Jared Rice is the guy behind Arise Bank.

If, despite all the evidence, it's somehow not a scam, I'd love to see someone illustrate why by properly addressing all the claims pointing to all the clear red flags all over this that these articles make.