A bank exec stole $47 million for a crypto scam, and now he’s going to jail

Image: Cath Virginia / The Verge; Getty Images A Kansas man was sentenced to 24 years in prison after pouring $47.1 million into a pig butchering scam — using money from the bank he was in charge of. Shan Hanes, the former CEO of the small Heartland Tri-State Bank, pleaded guilty to embezzlement after routing the funds to scammers’ crypto accounts, causing the bank to collapse.
As reported by NBC News, Hanes fell for a pig butchering scam that had him purchasing crypto “to unlo