“[Guo] is charged with lining his pockets with the money he stole, including buying himself, and his close relatives, a 50,000 square foot mansion, a $3.5 million Ferrari, and even two $36,000 mattresses, and financing a $37 million luxury yacht,” U.S. Attorney for the Southern District of New York Damian Williams said.

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• Source: https://www.coindesk.com/policy/2023/03/15/chinese-businessman-with-ties-to-steve-bannon-arrested-charged-with-fraud-including-500m-crypto-scam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines