Sorry, but if you lie to investors and take the cash for yourself you deserve everything you get. Bitshares and the team should distance themselves from this divisive and irresponsible individual as soon as possible. He's done enough damage to the reputation over the last year:
https://www.theregister.co.uk/2018/11/29/arisebank_funds_arrest/
RE: Jared's Defense, in his own words.