For those that do not know Arbitrage is a platform where users can utilise bots to do arbitrage trading and bears some similarities to the once popular lending platforms like BitConnect, unfortunately it seems it bears a lot of similarities to the aforementioned lending platforms as the token has been delisted from various exchanges and things are looking eerily like the collapse of BitConnect.
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It seems as though users are having trouble making withdrawals and community members are losing patience, i am not personally invested in ARB so i am on the outside looking in, though having been in crypto for the length of time i have been i have seen projects like this come and go numerous times, hopefully things are resolved and people will not lose the shirt off their back but these kinds of projects are inherently high risk so i hope people managed their risk accordingly.
I have not heard of any cease and desist orders from the SEC though i feel like this is just around the corner and once it hits i would expect all the higher ups to start covering their own asses.
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