The FBI has recovered $8. 2 million stolen in a cryptocurrency scheme that led to the collapse of Heartland Tri-State Bank in Elkhart, Kansas, returning the funds to local shareholders nearly a year after the Kansas bank crypto fraud issue was uncovered. The bank’s former CEO, Shan Hanes, was sentenced to 24 years in prison in 2024 after siphoning $47 million into a crypto investment scam, as previously reported by The Shib Daily. While customer deposits were federally insured, about 30 shareholders — many of them farmers and small-business owners — lost their life savings when the bank failed
source: https://news.shib.io/2025/04/04/fbi-recovers-8m-stolen-in-kansas-bank-crypto-fraud/?utm_source=rss&utm_medium=rss&utm_campaign=fbi-recovers-8m-stolen-in-kansas-bank-crypto-fraud