Xatolos@reddthat.com to Technology@lemmy.worldEnglish · 4 months agoEx-bank CEO gets 24 years after falling for crypto scam, causing bank collapsearstechnica.comexternal-linkmessage-square77fedilinkarrow-up1504arrow-down113cross-posted to: buttcoin@awful.systems
arrow-up1491arrow-down1external-linkEx-bank CEO gets 24 years after falling for crypto scam, causing bank collapsearstechnica.comXatolos@reddthat.com to Technology@lemmy.worldEnglish · 4 months agomessage-square77fedilinkcross-posted to: buttcoin@awful.systems
minus-squareShawdow194@fedia.iolinkfedilinkarrow-up36·4 months ago “Many victims will never fully recoup losses to their life savings and retirement funds, but at least we at the Department of Justice can see that Hanes is held criminally responsible for his actions.”
minus-squareteft@lemmy.worldlinkfedilinkEnglisharrow-up26·4 months agoI would hope most people would be made whole through FDIC insurance. That’s 250k per depositor, per insured bank, for each account ownership category.
I would hope most people would be made whole through FDIC insurance. That’s 250k per depositor, per insured bank, for each account ownership category.