Miles Guo sentenced to 30 years for $1B fraud scheme built on fake crypto and broken promises
Covered by 6 sources · 6 articles
6 outlets - including Coinotag, Crypto-economy and Crypto and 3 more - are covering this story. Crypto News A United States federal court has sentenced Miles Guo, the Chinese businessman behind the Himalaya Coin (H-Coin) project, an altcoin he marketed to supporters, to 30 years in prison for...
All coverage
Himalaya Coin Founder Miles Guo Sentenced to 30 Years for $1 Billion Fraud
Crypto News A United States federal court has sentenced Miles Guo, the Chinese businessman behind the Himalaya Coin (H-Coin) project, an altcoin he marketed to supporters, to 30 years in prison for...
Miles Guo Sentenced to 30 Years for Cryptocurrency Fraud in U.S. Court
TL;DR: Guo Wengui was sentenced to 30 years in prison in the United States for orchestrating a cryptocurrency fraud scheme exceeding $1 billion. A jury found him guilty in July 2024 on nine counts of fraud and conspiracy for deceiving hundr…
Chinese billionaire Miles Guo gets 30 years in $1B crypto fraud case
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 cryptocur…
Guo Wengui Gets 30 Years In U.S. Prison Over $1B Fraud Scheme
Chinese businessman Guo Wengui received a 30-year U.S. prison sentence after a Manhattan federal fraud case involving more than $1 billion raised from his online followers. Guo, also known as Ho Wan Kwok, Miles Guo and Miles Kwok, was convi…
Guo Wengui Gets 30 Years In U.S. Prison Over $1B Fraud Scheme
Chinese businessman Guo Wengui received a 30-year U.S. prison sentence after a Manhattan federal fraud case involving more than $1 billion raised from his online followers. Guo, also known as Ho Wan Kwok, Miles Guo and Miles Kwok, was convi…
Miles Guo sentenced to 30 years for $1B fraud scheme built on fake crypto and broken promises
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 pro…