Share.

    5 Kommentare

    1. coinfeeds-bot on

      tldr; A former CFO in Washington, Nevin Shetty, was sentenced to two years in prison for wire fraud after stealing $35 million from his employer to fund a crypto project. Shetty diverted the funds to his HighTower Treasury platform for high-yield DeFi lending, promising returns of 20% or more. However, market turmoil caused the investments to collapse, leaving the funds nearly worthless. Shetty was fired after confessing to executives and was later fined $35 million and barred from serving as an officer or director of any company without approval.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. SeemoarAlpha on

      He should have done what most embezzling CFO’s have done in the past, take half of it to a casino and waste the other half on crypto.

    Leave A Reply