June 22, 2025

Chinese Businessman Guo Wengui Convicted For $1 Billion Crypto Scam

1 min read

Guo Wengui, a Chinese billionaire linked to Donald Trump’s former Senior Counselor, was found guilty of several charges, including racketeering conspiracy and wire fraud. The self-exiled businessman, who is known as a vocal critic of the Chinese Communist Party (CCP), is set to be sentenced to decades in prison for his $1 billion crypto scheme.

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Source: Bitcoinist

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