👨⚖️ Texas: crypto AriseBank CEO pleads guilty to deceiving investors in $4.2 million case
Jared Rice, the former CEO of AriseBank, has plead guilty to a federal court following his November arrest by the FBI. Rice was charged with securities violations and wire fraud in his scamming of investors out of $4.2 million with claims of offering full banking and cryptocurrency services. He faces up to 20 years in prison and will be sentenced in July.
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