For anyone that followed the AriseBank/Coin updates. They might have come accross a letter, a cease and desist order issued by the Texas state department, stating that they violated their laws by falsly calling themselves forth as a banking institute. Jared Rice, the CEO of AriseBank, in return wrote back a letter stating how they were decentralized, and how they would "respectfully oppose your mission to enable slavery amongst Texas residents" as literally written down by Mr. Jared himself.
Well... they just got a cease and desist order and the site is currently shut down; https://www.dob.texas.gov/public/uploads/files/Laws-Regulations/orders/2018-001.pdf
!!! EDIT: The article above is the cease and desist order issues on January the 5th. The order being set to effective is of January the 26th, referring to: http://www.4-traders.com/news/Texas-Department-of-Banking-Commissioner-Issues-Cease-Desist-Order-Relating-to-AriseBank--25879243/