ICO scam in US/UAE

AriseBank (Dubai, UAE and Texas, US) Update: The US Securities and Exchange Commission (SEC) obtained a court order freezing the funds (claimed to be $600m!) raised during the AriseBank ICO. AriseBank purported to be the “world’s first decentralised bank” with operations in Dubai, UAE and Texas, US. If anyone has transferred funds to them and wants to know more about these recent developments in the US, feel free to get in touch. The full SEC complaint is: here.