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Bitcoin Daily: Blockchain Phone ‘Finney’ To Debut In Dec; AriseBank CEO Handed 120-Year …

Blockchain Phone ‘Finney’ To Debut In December |

Blockchain startup AriseBank’s CEO is facing up to 120 years in prison for misleading investors in a crypto scam. According to The Next Web, Jared Rice defrauded investors out of $4 million after he claimed the company would become the “first decentralized banking platform” – offering FDIC-insured accounts and banking services, as well as Visa-branded credit cards and other cryptocurrency services.