Bloomberg: Before a U.S. bank collapsed, its CEO was suspected of suffering a crypto scam of at least $12 million.

Odaily Planet Daily News According to Bloomberg, people familiar with the matter revealed that before Heartland Tri-State Bank in Kansas, USA, went bankrupt on July 28, the bank’s CEO Shan Hanes was suspected of encountering a crypto scam of at least US$12 million. People familiar with the matter said that on July 5, Shan Hanes asked one of his clients if he could lend him $12 million so that he could withdraw the money from cryptocurrency investments. He promised to pay back the money in 10 days and pay $1 million. interest in return. Hanes said someone he knew was helping him invest in cryptocurrencies, but there was a problem with the wire transfer, so he needed to invest more money, at least some of which went to an entity in Hong Kong. The customer refused to help, telling Hanes it sounded like a crypto scam and "if you want your money back you should go to Hong Kong to get it." A week later, after learning that Hanes had wired $12 million, the client told a Heartland board member about the incident and asked the bank if there might be any exposure. A bank representative then went to the regulator. Hanes has not been accused of wrongdoing and did not respond to detailed inquiries. It is reported that on July 28, local time, Heartland Tri-State Bank was ordered to close by the Kansas Bank Commissioner’s Office and was subsequently taken over by the Federal Deposit Insurance Corporation (FDIC). The FDIC's statement shows that as of March 31, 2023, Heartland Tri-State Bank had total assets of approximately $139 million and total deposits of approximately $130 million. The FDIC estimates that the Deposit Insurance Fund (DIF) will cost $54.2 million. It is reported that this is the fifth bank bankruptcy case in the United States this year.