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    Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse

    • Post author:MiamiCrypto
    • Post published:May 24, 2024
    • Post category:Bank Failure/Bitcoin/Crypto/Cryptocurrency/Digital Assets/embezzlement/Fraud/Heartland Tri-State Bank/Kansas/News Bytes/News Bytes - 2/Shan Hanes

    Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes…

    Continue ReadingFormer Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
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