RE: Arise is Dead | Directly From The Godfather of Bitshares | Thoughts on Stan Larimer
Assuming @Stan really is truly well-intentioned in what he's doing, he desperately needs to either learn to recognise such scams as scams himself, or find some advisor to do that for him, before he effectively promotes them. And also to realise that the enemy here is not the government, but his own credulity (and the scammers who fooled him, and if you can believe their own claim, fooled investors out of $600 million, in no small part thanks to his help in promoting them).
AriseBank was never ever going to deliver - their website + press releases were full of false claims everywhere you looked - and if they truly fooled him into being a true believer, he needs to either learn to not be so easily fooled, or else it's maybe a good thing for him to step away from the space (though it looks like that's not what he's doing).