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The United States Securities and Exchange Commission has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487 million combined. The infamous Guo, also known as Miles Kwok or Miles Guo, is an exiled Chinese businessman... See more for yourself here (https://cointelegraph.com/news/sec-takes-action-against-chinese-billionaire-s-companies-over-500m-offerings).
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