Bitshares, Jared Rice, Arise Bank, Developers, A BOA Senior VP, Theft, And Corruption Part 2.1

I was asked to hold off on this post for a day hence the repost. Sorry if you have read it. The rest will be posted in ensuing days.

To read the first part, click here

These are the words of Jared Rice and how some people conspired to basically steal the technology behind Arise Bank. This led to his arrest, large legal fees, and loss of reputation. Jared is in the process of ironing out a deal with the government which will prohibit him from ever talking about this again. Before he signed an agreement, he did a data drop in Hive account@stan's bitshares group on Telegram.

Hive account@stan took all that Jared dropped and posted the raw material on Steemit to ensure that it was locked into the blockchain, hence out of the ability to be taken down.

https://steemit.com/bitshares/@stan/blowing-the-lid-off-the-arise-bank-case-part-1

https://steemit.com/bitshares/@stan/blowing-the-lid-of-the-arise-bank-case-part-2

In the first part, we discussed how Mathias was Fav and he worked with Ronnie to make up the story about getting hacked. Ronnie lost a lot of money when the markets turned something he attributed to Mathias/Fav who pulled the rug out from under Arise. Remember, it was he who started the case with the SEC.

The next piece in this puzzle is Ted East (not his real name). He was a mole who interacted with Jared for over two months. According to Jared, he would call him every night. In fact, he was the last phone call before Jared was raided by the FBI.

Before the raid, Jared confront Ronnie about his part in this scheme. As you can see from the image, Ted was always telling Jared how he was "manipulating BTS". He was trying to gain favor with Jared.

After the confrontation with Ronnie, Ted turned on Jared. No more phone calls. Instead, he started to deflect for Ronnie trying to turn the attention towards Jared. He wanted people to think that Jared was a scammer.

And who joins in the brigade of piling on top of Jared? Digital Lucifier.

If you will recall, this is the one that Hive account@stan and Hive account@michaelx wanted to take over the website.

As the story unfolds, Digital Lucifer tried to get Hive account@onceuponatime to turn on Jared. According to Jared, this is where the line was drawn. Hive account@onceuponatime stood steadfast in his support of Jared. Evidently, he knew the score and who the players were. He even warned Jared about it.

So as we can see, Digital Lucifer was working hard to get people to turn on Jared. Part of the process was going to people who refused to do so which probably set a few things in motion.

Here is where this stands before the next point.

The final piece for today is about Ted.

According to Jared, the entire time, Ted is telling him to stop working on BENCH, to focus on the case, to think of his son. Ted kept trying to change Jared's focus away from producing what he said he would.

Why would Ted try and get Jared to stop doing the work for BENCH?

It all ties back to Hive account@stan and Hive account@michaelx. They are a threat to the Bitshares Foundation (corrupt according the Jared). By taking Jared out of the picture, this would cause them to end up in a spot of not delivering. That was the main goal. Arise was something that was a threat to the parties in this scheme as we will see in the next post.