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also this - https://medium.com/@finmakler_sokol/arisebank-my-2-cents-based-on-the-chat-in-the-pivx-arisebank-channel-and-some-research-done-over-5305ff97f5bd

even more concerning ... is the hints in these articles that central members in the PIVX + BTS communities may be involved in suppressing warnings about this being a scam .....

Looks like you were right all along. I'm glad I didn't get in:
https://www.sec.gov/news/press-release/2018-8