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RE: Arisebank | Raided by FBI and SEC | Interview of Jared Rice Sr.
I'm not going to dismiss your claims without thought, but I think everyone needs to wait and see what happens. If it truly is a scam we will all know. I am invested in Bitshares and that is why I know of AriseBank. I didn't even think of investing really because I was not interested in it, just interested in it benefiting Bitshares.
Well sure, it's fine for you to wait and see, if you're neither investing in nor promoting the AriseBank scam.
My insistence on calling it out for the clear scam that it is (which was easy enough to ascertain some time ago already, and now that it's disappeared completely from the web should be even more obvious), was to try to save people from losing their money with it, and to criticize those (e.g. Stan) who gave it legitimacy by promoting it unquestioningly and/or associating Bitshares'+their names with it, thus causing many more people to invest in it and be scammed out of their money. i.e. I did this in the hope that Stan and other promoters would disassociate from it and call it out for what it was - a scam. It is absolutely not fine, in the case of someone promoting it for example, to 'wait and see' whether it's a scam ....
At least, to me, there is a moral obligation to vet such a thing before promoting it (and it only took a few minutes of vetting to clearly see this for the fraud that it was, or at least to see way too many red flags to be able to in good conscience promote it), but unfortunately, it appears many in this space really have no morals or honesty, and are purely motivated by greed, and that Stan Larimer is no different to John McAfee selling-out to whoever pays him to dishonestly promote the week's current crypto-pump.