This is quite heartbreaking for the chief financial officer to have lost a whole $5 million into a meme coin investment with public fund and now paying the price of his carelessness with a 3yrs imprisonment term. And this should be a very big lesson to everyone & most especially the "Newbies" never to invest public funds in crypto with the mindset of making profit, withdraw and refund, which is a very big risk due to the volatile nature of crypto market, and most especially "meme coins" which has the most volatility compared to Bitcoin, because only if had he invested such huge fund in Bitcoin, he stand the chance to have made much profits compared to the lose he made investing in meme coins.