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AriseBank Hit With SEC Suit Over Initial Coin Offering

By Jon Hill ( January 29, 2018, 10:04 PM EST) -- The U.S. Securities and Exchange Commission has moved in to stop what has been touted as the largest initial coin offering ever launched, alleging in a complaint unsealed Monday in Texas federal court that the offering by Dallas-based AriseBank, which had a $1 billion goal, was illegal and fraudulent....

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