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Miles Guo Sentenced to 30 Years for $1 Billion Fraud Scheme

Miles Guo, previously associated with Trump strategist Steve Bannon, has been sentenced to 30 years in prison following his conviction for a $1 billion fraud involving the H-Coin project.

Editorial Staff · June 30, 2026 · 1 min read
Miles Guo Sentenced to 30 Years for $1 Billion Fraud Scheme

Miles Guo, a businessman known for his involvement in the fraudulent H-Coin project, has received a 30-year prison sentence.

His conviction, which took place in 2024, stems from a scheme that reportedly defrauded investors of $1 billion.

Guo's connections to prominent figures, including Trump strategist Steve Bannon, have drawn significant attention to his case.