March 17, 2023

HUNTER COULD HAVE SHOWN HIM HOW TO MAKE MONEY LEGALLY:

Steve Bannon Is Neck-Deep in Guo Wengui's Allegedly Fraudulent Business Empire: Federal investigators have asked witnesses about Bannon's connections to the far-right mogul. (DAN FRIEDMAN, 3/17/23, Mother Jones)

In late November 2021, Steve Bannon appeared in a live broadcast on GTV, a media outlet that he'd helped his friend Guo Wengui launch a year earlier. Bannon used the appearance to celebrate HCoin, a supposed cryptocurrency that Guo was selling. The currency, Bannon said, was a "monumental" and "extraordinary" success. Bannon also hailed the Himalaya Exchange, Guo's purported platform for trading digital assets like HCoin. Bannon lauded GTV. He even touted Guo's fashion company. These ventures, Bannon suggested, were an opportunity for Guo's fans, mostly Chinese emigres, to hurt China's rulers. "If you look at institutionalization of the counteroffensive to Chinese Communist Party, it's pretty impressive," Bannon gushed.

That was just one of numerous occasions in which Bannon has heaped praise on Guo and his companies, often in venues where his words mostly reach Guo's anti-Communist followers.

On Wednesday, federal agents arrested Guo and accused him, along his former financier William Je, of stealing more than a $1 billion from thousands of Guo's own supporters by soliciting investments in some of the same companies that Bannon has promoted. 

Posted by at March 17, 2023 9:32 AM

  

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