SEC, DOJ charge businessman connected to Steve Bannon with fraud involving crypto
Miles Guo, an exiled businessman, was arrested this morning in New York over a $1 billion fraud conspiracy involving cryptocurrency. Guo, who goes by multiple names, defrauded thousands of online followers and bought himself and people close to him “a 50,000 square-foot mansion, a $3.5 million Ferrari, and even two $36,000 mattresses,”.
Guo is also reportedly linked to Steve Bannon, former White House chief strategist to former President Donald Trump. In 2020 Bannon was charged with fraud and arrested on Guo's yacht, before Trump pardoned him as one of his last acts in office. The Securities and Exchange Commission also brought its own charges against the pair on Wednesday for raising more than $850 million in “unregistered and fraudulent offerings.” Guo was charged solely for raising hundreds of millions of dollars through the Himalaya Coin and the related stablecoin, the SEC said.
Source
https://t.me/CryptoNewsSource
