crypto investments

An employee of the Korean Woori Bank was arrested for fraud with credit documents, embezzlement of $15 million and using stolen funds to invest in cryptocurrencies. An employee of Woori Bank's corporate lending department falsified loan documents 35 times between July 2023 and May 2024, police...

The former executive director of Heartland Tri-State Bank has been charged with embezzlement of customer funds. A top manager used the stolen money to invest in cryptocurrency, according to US law enforcement officials. Shane Haynes transferred $47.1 million to crypto assets. Documents from the...