Dont bank on crypto scams – Breaking News & Latest Updates 2026
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Jess Weatherbed
Don’t bank on crypto scams.

The best of us can be swindled, but one banker’s particular enthrallment to an overseas cryptocurrency crime network was so dire that it almost devastated his entire community. Read this New York Times report about Shan Hanes embezzling more than $31 million into a suspicious crypto investment before the money disappeared.

“I’ll forever struggle understanding how I was duped,” Hanes said. “I should have caught it, but I didn’t.”

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