Chinese Crypto Fraudster Miles Guo Sentenced to 30 Years Over $1 Billion Himalaya Coin Scam

Chinese businessman and self-exiled billionaire Miles Guo, the founder of the fraudulent cryptocurrency project Himalaya Coin, has been sentenced to 30 years in prison by a U.S. federal judge after being convicted on multiple criminal charges tied to a massive investment fraud scheme. Guo, 55, who is also known as Ho Wan Kwok and by several other aliases, was found guilty in 2024 of crimes including racketeering, fraud, and money laundering. Prosecutors said he orchestrated a network of interconnected financial scams over a five-year period that defrauded thousands of investors in the United…  Read more

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