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U.S. SEC Halts Alleged Crypto ICO Scam From 'Decentralized' Bank Seeking $1 Billion

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FXstreet
, 01-31-2018 at 07:52 AM (681 Views)
      
   
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The U.S. Securities and Exchange Commission has halted an Initial Coin Offering (ICO) launched by AriseBank, a 'decentralized' bank, which had purported to offer trading in over 700 crypto- currencies - including Bitcoin and Ethereum - and had raised around $600m towards a $1bn funding goal.

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