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March 28, 2026
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Dallas: Crypto Firm Arrested by FBI for $4 Million Fraud

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Dallas: Crypto Firm Arrested by FBI for $4 Million Fraud
Man in red tie behind bars

The FBI has arrested the CEO of Dallas-based AriseBank on November 28, 2018, reports Dallas News.  The arrest was made after allegations of company CEO, Jared Rice Sr. duping hundreds of investors out of more than $4 million. Reportedly, Rice had tricked the investors into a ponzi cryptocurrency scheme, promising them federally insured accounts and VISA approved crypto credit cards….Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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