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Financial Executive’s Bold Move Into Crypto Ends in Chaos

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A technology firm’s former top financial officer has been handed a two-year prison sentence after channeling $35 million of the company’s cash into high-risk cryptocurrency endeavors. Following his notice of dismissal, Nevin Shetty, 42, redirected the funds through his side business, HighTower Treasury, investing in a variety of decentralized finance (DeFi) platforms.
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4h ago
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