Last week the SEC raided the offices and homes of the officers of cryptocurrency startup AriseBank. AriseBank was in the middle of its ICO for its coin AriseCoin (ACO) and the SEC is arguing that the company was improperly selling a security. All of AriseBank’s assets and hardware have been seized. CEO Jared Rice gave a…
The past few weeks have been a whirlwind of whipsaws in the cryptocurrency markets. Since Bitcoin’s peak in early December it has been one headline after another keeping crypto-investors and traders on edge as governments around the world make statements ranging from the ominous to the obscure. South Korea’s own government can’t get its story straight.…
Earlier in the week I published an article detailing how I thought a cryptocurrency apocalypse would go down. Long story short, as I’ve discussed in previous articles (here and here) conditions persist that can and will make it easy for the entrenched banking interests to subvert and control the cryptocurrency markets where it matters most… ……