The Defiant·
A federal judge ordered Guo to forfeit $889 million after a jury convicted him of running a scheme that raised over $1 billion partly through the fake Himalaya Coin cryptocurrency.
Read full articleMiles Guo, the anti-CCP dissident turned fraudster, was sentenced to 30 years for running a $1B crypto scam through the Himalaya Exchange and H-Coin. The post Who Is Guo Wengui? Disgraced Chinese Crypto Billionaire Lands 30 Years in Slammer appeared first on 99Bitcoins.
Self-exiled Chinese billionaire Miles Guo has been sentenced to 30 years in a U.S. prison after being convicted in a fraud scheme that prosecutors said stole more than $1 billion from investors through multiple ventures, including cryptocurrency. According to multiple…
The case underscores the urgent need for stricter regulations and oversight in the crypto sector to protect investors from fraudulent schemes. The post Miles Guo sentenced to 30 years for $1B fraud scheme built on fake crypto and broken promises appeared first on Crypto Briefing.
Michelle Bond has lost her bid to dismiss criminal charges, with a federal judge setting her trial to begin on Nov. 9 after rejecting arguments tied to her husband Ryan Salame’s plea agreement. According to an order from Judge George…
A federal judge has denied a bid from Michelle Bond, the wife of former FTX executive Ryan Salame, to have campaign finance charges against her dismissed.
The judge said Polymarket is not likely to succeed on the merits of its case against Michigan state regulators.
A federal judge handed Elon Musk his second defeat against OpenAI after finding xAI failed to show OpenAI improperly obtained confidential info.
A federal judge in Mississippi also imposed fines and canceled a civil trial, removing all four lawyers from the case.
