A Kansas bank CEO lost $47 million to a crypto scam
βTo a small town in rural Kansas, where $47 million went missing from the local bank. What do you mean something's wrong with the bank? We never have problems. Over several months, the bank's CEO had quietly put most of the bank's money into some sort of cryptocurrency investment, until the board called him in to explain himself.β
The scam industry rivals the global illegal drug trade
βThis predatory industry is worth hundreds of billions of dollars. And it's growing fast. It's probably bigger than the illegal drug trade. Behind it is a dystopian criminal underworld, of forced labor, corruption and intrigue.β
Scammers chant slogans about crippling Western economies
βThey had these slogans that would always chant before we'd start to work every day, and it was something like cripple the US and the European economy.β