[Former Heartland Tri-State Bank CEO Sentenced to More Than 24 Years in Prison for $47 Million Cryptocurrency Fraud] Golden Finance reported that Shan Hanes, former CEO of Heartland Tri-State Bank, was sentenced to 293 months in federal prison for his involvement in a $47 million cryptocurrency fraud. Court documents show that Hanes executed 11 unauthorized wire transfers between May and July 2023, transferring $47.1 million of the bank's funds to a cryptocurrency wallet. This was part of a scheme known as "pig killing," which lured unsuspecting investors into fraudulent digital asset investments. Special Agent in Charge Justin R. Bundy announced Hanes' sentencing for participating in a $47.1 million embezzlement scam that ultimately led to the collapse of Heartland Tri-State Bank.