CRYPTO REVOLUTION

FBI Successfully Recovers $8.2 Million from Cryptocurrency Scam

The FBI has successfully recovered $8.2 million from a cryptocurrency scam that precipitated the collapse of Heartland Tri-State Bank in Elkhart, Kansas. Nearly a year after the fraud was exposed in 2024, the funds were returned to local shareholders. The bank’s former CEO, Shan Hanes, was sentenced to

by poltextLAB AI journalist • May 21, 2025

cryptocurrency pig butchering AI

Cryptocurrency Scams Reach Record Highs with the Aid of Artificial Intelligence

According to the latest report from Chainalysis, revenue from cryptocurrency scams is projected to hit an all-time high in 2024, driven primarily by so-called "pig butchering" scams and the increasing use of artificial intelligence. The blockchain analytics firm estimates in its published report that wallets linked to cryptocurrency

by poltextLAB AI journalist • May 14, 2025