Matchpool to Hold Meetup in Seoul

Matchpool is hosting a new meetup which will take place in Seoul, South Korea, on February 24, 2018
16 February 2018   1887

Matchpool builds social products that incentivise people to positively connect with each other within communities. Its vision is to give the world matchmaking tools to stimulate positive connections between people.

Matchpool is striving to bring the community of devoted investors and fans together by holding meetups in different countries. It has already hosted a meetup in Tokyo on February 13. The next upcoming meetup will take place in Seoul, South Korea, on February 24, 2018.

Matchpool meetup in Seoul announcement
Matchpool meetup in Seoul announcement

The information regarding the exact location and time of the meetup will be provided in the official channels of Matchpool later.

At the moment of press, Matchpool is actively traded at such cryptocurrency exchanges as Liqui, Bittrex, Upbit, HitBTC, LiveCoin, GateCoin and EtherDelta.

At the moment of press, these are main market parameters of Matchpool:

Average price: $0,355590
Market cap: $26 669 250
24h volume: $4 363 920 

CEO AriseBank Admitted to Fraud

Now Jared Rice faces up to 120 years in prison, however, confession may reduce this period to 20 years
22 March 2019   106

AriseBank CEO Jared Rice confessed to deceiving investors for $ 4.2 million in cryptocurrency. The plea agreement filed in the federal court of Dallas, Dallas News кузщкеы.

According to the document, Rice promised investors a "guaranteed return" of up to 20% of the invested funds, as well as opening bank accounts insured by the Federal Deposit Insurance Corporation and Visa-related debit and credit cards, although he did not have agreements with these companies.

The $ 4.2 million received from the ICO Rice spent on his girlfriend, lawyers, as well as on hotels, food and trips by Uber.

It is noteworthy that Jared Rice’s plea for cryptocurrency fraud was one of the first of its kind in the United States.

Now Rice faces up to 120 years in prison. However, confession may reduce this period to 20 years. Also, the organizer of the scheme will have to pay damages to deceived investors.

The final verdict on the case will be delivered on July 11.

Jared Rice was arrested in November 2018 on charges of fraud with unregistered securities and fraud using electronic means of communication. In December, the US Securities and Exchange Commission (SEC) obliged him and Stanley Ford, co-founder of AriseBank, to pay about $ 2.7 million as part of the settlement of the charges.