In August 2024, former Kansas bank CEO Shan Hanes was sentenced to 24 years for embezzling $47 million from customer accounts, funneling the funds into a cryptocurrency scam known as "pig butchering." While the Federal Deposit Insurance Corporation (FDIC) insured customer deposits, 30 shareholders faced potential losses totaling $8.3 million. In November 2024, a federal court in Wichita announced that the FBI had successfully recovered these funds from a cryptocurrency account held by Tether Ltd., ensuring full restitution to the affected shareholders. This recovery brought significant relief to the victims, many of whom had lost their life savings.
LIVE
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,827.00
▲ +0.30%
ETH
$1,913.42
▼ -0.10%
USDT
$0.999433
▲ +0.00%
BNB
$592.02
▼ -0.20%
USDC
$0.999679
▲ +0.00%
XRP
$1.02
▼ -2.00%
SOL
$73.63
▲ +0.40%
TRX
$0.327081
▲ +0.10%
FIGR_HELOC
$1.03
▲ +1.00%
HYPE
$54.19
▼ -3.70%
DOGE
$0.069845
▲ +0.90%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012722
▲ +1.40%
LEO
$9.75
▼ -0.10%
ZEC
$513.00
▲ +2.80%
ADA
$0.201032
▼ -1.80%
XMR
$372.69
▲ +1.60%
WBT
$56.08
▲ +0.10%
LINK
$8.20
▼ -1.50%
XLM
$0.16159
▼ -1.30%
DAI
$0.999917
▲ +0.00%
BCH
$215.65
▲ +0.20%
USD1
$0.999719
▲ +0.00%
USDE
$0.999762
▲ +0.00%
GRAM
$1.35
▼ -2.40%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,827.00
▲ +0.30%
ETH
$1,913.42
▼ -0.10%
USDT
$0.999433
▲ +0.00%
BNB
$592.02
▼ -0.20%
USDC
$0.999679
▲ +0.00%
XRP
$1.02
▼ -2.00%
SOL
$73.63
▲ +0.40%
TRX
$0.327081
▲ +0.10%
FIGR_HELOC
$1.03
▲ +1.00%
HYPE
$54.19
▼ -3.70%
DOGE
$0.069845
▲ +0.90%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012722
▲ +1.40%
LEO
$9.75
▼ -0.10%
ZEC
$513.00
▲ +2.80%
ADA
$0.201032
▼ -1.80%
XMR
$372.69
▲ +1.60%
WBT
$56.08
▲ +0.10%
LINK
$8.20
▼ -1.50%
XLM
$0.16159
▼ -1.30%
DAI
$0.999917
▲ +0.00%
BCH
$215.65
▲ +0.20%
USD1
$0.999719
▲ +0.00%
USDE
$0.999762
▲ +0.00%
GRAM
$1.35
▼ -2.40%
BTC
$64,827.00
▲ +0.30%
ETH
$1,913.42
▼ -0.10%
USDT
$0.999433
▲ +0.00%
BNB
$592.02
▼ -0.20%
USDC
$0.999679
▲ +0.00%
XRP
$1.02
▼ -2.00%
SOL
$73.63
▲ +0.40%
TRX
$0.327081
▲ +0.10%
FIGR_HELOC
$1.03
▲ +1.00%
HYPE
$54.19
▼ -3.70%
DOGE
$0.069845
▲ +0.90%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012722
▲ +1.40%
LEO
$9.75
▼ -0.10%
ZEC
$513.00
▲ +2.80%
ADA
$0.201032
▼ -1.80%
XMR
$372.69
▲ +1.60%
WBT
$56.08
▲ +0.10%
LINK
$8.20
▼ -1.50%
XLM
$0.16159
▼ -1.30%
DAI
$0.999917
▲ +0.00%
BCH
$215.65
▲ +0.20%
USD1
$0.999719
▲ +0.00%
USDE
$0.999762
▲ +0.00%
GRAM
$1.35
▼ -2.40%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,827.00
▲ +0.30%
ETH
$1,913.42
▼ -0.10%
USDT
$0.999433
▲ +0.00%
BNB
$592.02
▼ -0.20%
USDC
$0.999679
▲ +0.00%
XRP
$1.02
▼ -2.00%
SOL
$73.63
▲ +0.40%
TRX
$0.327081
▲ +0.10%
FIGR_HELOC
$1.03
▲ +1.00%
HYPE
$54.19
▼ -3.70%
DOGE
$0.069845
▲ +0.90%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012722
▲ +1.40%
LEO
$9.75
▼ -0.10%
ZEC
$513.00
▲ +2.80%
ADA
$0.201032
▼ -1.80%
XMR
$372.69
▲ +1.60%
WBT
$56.08
▲ +0.10%
LINK
$8.20
▼ -1.50%
XLM
$0.16159
▼ -1.30%
DAI
$0.999917
▲ +0.00%
BCH
$215.65
▲ +0.20%
USD1
$0.999719
▲ +0.00%
USDE
$0.999762
▲ +0.00%
GRAM
$1.35
▼ -2.40%
