A Scam or a Victim of Libel and Slander?

Many platforms and blogs that sign the internet for information about Eris Bank claim that Ariz Bank is a "scam". However, representatives of startup founder Jared Rise and Ariz Bank believe that they are "victims of defamation". An average blog post whose purpose is to prove that the project is questionable, it asks for a rumor about Aries Bank, and the company addresses every point in the article. SOURCE https://news.bitcoin.com/state-of-texas-orders-decentralized-bank-ico-project-to-cease-operations/