CoinStats - FBI Recovers Over $8 Million in Crypto...

The Good, the Bad and the Ugly in Cybersecurity

The Good | DoJ Seize $8.2 Million in Cryptocurrency Linked to Romance Baiting Schemes The DoJ has seized over $8.2 million in USDT (Tether) cryptocurrency, all stolen through ‘romance baiting’ scams, formerly known as ‘pig butchering’. Victims are manipulated into making investments on fake websites or apps after being promised substantial returns. They are then led to believe they are making profits so invest even more, only to run into a multi…

CoinStats - FBI Recovers Over $8 Million in Crypto...

The Federal Bureau of Investigation (FBI) has successfully retrieved more than $8 million in cryptocurrency, offering hope to individuals who lost money in a bank fraud scandal. This recovery is linked to a case involving Heartland Tri-State Bank, where a significant amount of funds were misappropriated by its CEO, Shan Hanes, through illicit investment schemes. […]Continue Reading:FBI Recovers Over $8 Million in Crypto

FBI Recovers Millions in Cryptocurrency for Victims of Bank

The FBI has recovered over $8 million in cryptocurrency for defrauded bank investors. Shan Hanes misappropriated funds into a fraudulent investment scheme. Continue Reading:FBI Recovers Millions in Cryptocurrency for Victims of Bank Fraud The post FBI Recovers Millions in Cryptocurrency for Vict...

FBI Recovers $8,000,000+ of Investor Funds Stolen by CEO of Collapsed Heartland Tri-State Bank in Crypto Scheme - The Daily Hodl

The Federal Bureau of Investigation (FBI) has recovered more than $8 million worth of digital assets to repay shareholders of a bank that failed after its chief executive funneled millions of dollars of depositor money into a crypto scheme. In 2023, Shan Hanes, the CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas, sent a total of $47.1 million of the bank’s funds to a crypto scheme that turned out to be a blatant scam. The Department of…

FBI Recovers $8,000,000+ of Investor Funds Stolen by CEO of Collapsed Heartland Tri-State Bank in Crypto Scheme

The Federal Bureau of Investigation (FBI) has recovered more than $8 million worth of digital assets to repay shareholders of a bank that failed after its chief executive funneled millions of dollars of depositor money into a crypto scheme. In 2023, Shan Hanes, the CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas, sent a... The post FBI Recovers $8,000,000+ of Investor Funds Stolen by CEO of Collapsed Heartland Tri-State Bank in Crypto …