🚨 Crypto News Flash! 🚨
- The FBI has recovered $8.3M in a crypto embezzlement case involving ex-CEO Shan Hanes of Heartland Tri-State Bank.
- Hanes embezzled $47.1M, causing the bank's collapse. Luckily, the Federal Deposit Insurance covered the losses.
- The funds were found in a Tether (USDT) account in the Cayman Islands, benefiting 30 investors.
- Hanes was sentenced to over 24 years for his role in the "pig butchering" scam.
- What are your thoughts on crypto scams and recovery efforts? Share in the comments! 💬