I want freedom from the current banking system as much as the next person, but if you do your own research you will discover that AriseBank is and was a flat out scam.
- Their code was copied from other projects and removed copyrights
- The founders have a history of scamming people
- Their network of ATMs they claimed to have did not exist
- The other bank they claimed they were acquiring had heard nothing about it
- Members of the company listed on the AriseBank website had nothing to do with them and asked to be removed
- The company listed on the document you posted “AriseBank North America, Inc.” is not registered, and you have to be a real company to acquire another company
For more information read here:
https://www.reddit.com/r/BitShares/comments/7r69lv/due_diligence_a_primer_by_example/
It is easy to get caught up in the narrative that AriseBank is the good guy and the traditional banks and governments are the bad guys, but in this case it is simply not true.
RE: About AriseBank bank acquisition