NEW YORK — A judge should reject bail for a wealthy self-exiled Chinese businessman charged in a $1 billion fraud case because he’s already trying to obstruct justice from jail, and can flee or do harm if he is freed, no matter how stringent his bail conditions, prosecutors said Monday.
Prosecutors urge no bail for Chinese billionaire Guo Wengui in fraud case
Tag: Bankruptcies
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.
Steve Bannon Is Neck-Deep in Guo Wengui’s Allegedly Fraudulent Business Empire (archived)
Previously:
At CPAC, China is the new big bad
At CPAC, China is the new big bad
Roy Liu had not come to CPAC to hear Alabama Sen. Tommy Tuberville accuse leftists of wanting “one gender,” or to buy a “Biden-Fetterman 2024: It’s a No-Brainer” T-shirt. He, and dozens of other activists with the New Federal State of China, wanted to build support for destroying the Chinese Communist Party.
…
At CPAC, those kinds of familiar riffs were supplemented by media and lobbying groups that support regime change in Beijing, and have never been more visible.
The Epoch Times, a newspaper associated with the Falun Gong religious movement suppressed by Xi’s government, had a sprawling presence at the conference, including the screening of “The Shadow State,” billed as “the first documentary about ESG” — another target of conservatives, both at CPAC and on the Hill.
And the New Federal State of China, “declared” three years ago by Steve Bannon and exiled Chinese businessman Guo Wengui, made its first CPAC appearance with a $75,000 sponsorship, and two high-tech booths where volunteers handed out leaflets and explained why the battle to destroy the CCP had to be won in America.
Related:
Thread by @seth_hettena on Thread Reader App
Incessant, Bonkers Anti-Paul Hastings Protest Continues
One court order didn’t do the trick. Another issued this month doesn’t seem to be doing much either. No matter how many times the justice system tries to clamp down on the goofy ongoing protest campaign targeting Paul Hastings, the placards keep showing up.
Incessant, Bonkers Anti-Paul Hastings Protest Continues
Federal Judge Orders Bannon Ally to End Harassment Campaign Against Creditors
A federal bankruptcy judge slapped exiled Chinese mogul Guo Wengui with new restrictions this week after finding that Guo had defied an earlier order to stop a harassment campaign by his fans aimed at lawyers for his creditors.
Federal Judge Orders Bannon Ally to End Harassment Campaign Against Creditors
Bankruptcy Judge Says Celsius Crypto Investors Don’t Own Their Accounts
A bankruptcy judge has dashed the dreams of investors hoping to retrieve their crypto funds from Celsius. It turns out, assets placed in the now-defunct crypto exchange’s high interest “Earn Accounts” belong to Celsius, not the account holders, according to a Wednesday ruling from Judge Martin Glenn.
Bankruptcy Judge Says Celsius Crypto Investors Don’t Own Their Accounts
H/T: Steve Lehto
How a Tycoon Linked to Chinese Intelligence Became a Darling of Trump Republicans
Guo Wengui has been trailed by scandals involving corruption and espionage. What is he really after?
How a Tycoon Linked to Chinese Intelligence Became a Darling of Trump Republicans
Related:
Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture
The fallout from the collapse of the crypto exchange FTX and its missing billions of dollars of customer funds has, finally, galvanized some members of Congress to push back against the swarms of crypto lobbyists whose activities are clearly impacting the safety and soundness of U.S. banks.
Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture
The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell
Just two business days after the crypto exchange FTX filed for bankruptcy and headlines swirled around the world suggesting it had used its crypto token to perpetuate a massive fraud reminiscent of Madoff’s Ponzi scheme, the New York Fed thought this would be an ideal time to announce it was launching a digital token pilot with the serial fraudster, Citigroup. (See here for the unintelligible, jargonized version from the New York Fed; here for the decrypted translation from CoinDesk; and here for a sampling of Citigroup’s rap sheet.)
The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell
Before FTX collapse, founder poured millions into pandemic prevention
Before FTX collapse, founder poured millions into pandemic prevention (archived)
The Bankman-Frieds’ family foundation in February also committed $5 million to ProPublica, a nonprofit news organization, to support reporting focused on pandemic preparedness and biosecurity, including one-third of the grant delivered upfront. The funding has subsidized several staff and articles — including a high-profile story with Vanity Fair about the possibility that covid leaked from a Chinese laboratory, which frustrated some of the Bankman-Frieds’ pandemic advisers who pointed to criticism of its translations of Mandarin Chinese. ProPublica was told last week that the remaining two-thirds of the grant is being paused, a spokesperson confirmed.
Ms. Cat’s Chronicles 
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