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Miles Guo, the anti-CCP dissident turned fraudster, was sentenced to 30 years for running a $1B crypto scam through the Himalaya Exchange and H-Coin. The post Who Is Guo Wengui? Disgraced Chinese Crypto Billionaire Lands 30 Years in Slammer appeared first on 99Bitcoins.
Read full articleA federal judge ordered Guo to forfeit $889 million after a jury convicted him of running a scheme that raised over $1 billion partly through the fake Himalaya Coin cryptocurrency.
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 cryptocurrency. According to multiple…
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 promises appeared first on Crypto Briefing.
X Square Robot announced it has closed four consecutive financing rounds ending in a Series C, raising its valuation to more than $2.8 billion as the Chinese embodied AI startup expands its foundation-model work and real-world robot deployments. X Square did not disclose the amount raised. The Shenzhen-based company said the funding will support development […]
Agibot announced it has made its 15,000th robot as the Chinese embodied AI company pushes to scale manufacturing and deployment of it humanoid robots. “The rollout of our 15,000th robot is not only an important milestone in Agibot’s mass production and engineering delivery capabilities, but also a reflection of the broader industry’s move toward scaled […]
The US ban on Anthropic's AI models may accelerate the shift towards decentralized AI platforms, boosting demand for open-source solutions. The post US ban on Anthropic’s AI models abroad may fuel demand for Chinese open-source alternatives appeared first on Crypto Briefing.
Chinese mining figure Jiang Zhuoer reportedly expects Bitcoin to bottom between $42,000 and $44,000 in late 2026.
The rise of Chinese open-source AI models challenges US dominance, potentially reshaping global AI markets and impacting geopolitical strategies. The post Chinese open source AI models are closing the gap with US rivals, and the market implications are significant appeared first on Crypto Briefing.
