Former Heartland Tri-State Bank CEO Shan Hanes was sentenced to over 24 years in prison for embezzling $47 million, which he lost in a cryptocurrency scam. Hanes' actions, driven by a "pig butchering" scheme, led to the bank's collapse and its FDIC takeover. The scam also impacted a local church, an investment club, and his daughter’s college savings. The scheme involves scammers deceiving victims into investing in fake cryptocurrency opportunities, only to steal their money, a process likened to "butchering the pig."