Local US Bank Shut Down after CEO Lost Millions in Crypto Scam
Heartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam. The incident unfolded on July 5 when Hanes, desper...
The incident unfolded on July 5 when Hanes, desperate to retrieve his money from a supposed cryptocurrency investment, approached one of his wealthy clients with a peculiar request, according to a recent report from Bloomberg....
Read More: Local US Bank Shut Down after CEO Lost Millions in Crypto Scam
Original source
Read on CryptonewsRelated market context
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
The future of vaults: neobanks and invisible DeFi
The following is a guest post and opinion from Vincent Maliepaard, VP of Marketing at Sentora. On January 26, 2026, Kraken launche...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
Millions Recovered in Crypto as $100M Fraud Scheme Falls Apart
A federal fraud case led to major crypto seizures after prosecutors said nearly $100 million moved through bank accounts and excha...
Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets
Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth. The po...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...