Search
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
20.7.2024
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams...
SEC Accuses Chinese Businessman with Ties to Donald Trump Advisor of Orchestrating $500 Million Crypto Fraud – What's Going On?
16.3.2023
The Securities and Exchange Commission (SEC) has charged the exiled Chinese business tycoon Miles Guo with fraud related to crypto and other assets.
The charges from the SEC relate to the sale of what is referred to as “unregistered and fraudulent offerings,” which raised more than $850 million...
Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’
5.8.2020
This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. The landlocked...