Articles for tag: bank fraud, community trust, cryptocurrency scam, Elkhart Kansas, emotional fallout, financial betrayal, Shan Hanes

February 23, 2025

WhatsApp Message Shocks Tiny Town: Businessman Loses $47M of Residents’ Cash in Major Scandal

In a shocking turn of events, the small Kansas town of Elkhart saw its close-knit community shattered after Shan Hanes, a respected banker, embezzled $47 million belonging to his neighbors for a cryptocurrency scam. Sentenced to 24 years in prison in August 2024, Hanes deceived residents who had trusted him for years, leading to the ...

December 23, 2024

Market News

Crypto

Exploring the Balance: Fixed Code vs. Fluid Practices in Software Development

In today’s discussion, we explore a recent commentary from BlackRock that has ignited debate about Bitcoin’s future. The financial giant raised questions about Bitcoin’s 21 million supply cap, suggesting it could potentially change. This idea, akin to altering the rules of chess, has sparked backlash within the crypto community. Traditional finance and decentralized governance collide ...