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A bank exec stole $47 million for a crypto scam, and now he’s going to jail
His theft led to the bank’s shutdown.
As reported by NBC News, Hanes fell for a pig butchering scam that had him purchasing crypto “to unlock the supposed returns on his investments,” which he never received. Google even sued two alleged scammers earlier this year over accusations they uploaded dozens of apps to the Play Store to carry out their schemes. Pig butchering scams typically involve a scammer finding and contacting a victim through a messaging app, a dating service, or a social media platform.
Or read this on The Verge
