SEC fines Chinese billionaire's companies $539m over illegal offerings - NewsBreak

The US Securities and Exchange Commission (SEC) has taken action against three companies owned by Chinese Billionaire Guo Wengui for "commingling" the proceeds from two unregistered securities offerings. In a statement on 13 September, the SEC charged three of Chinese billionaire Guo Wengui's companies over an initial coin offering (ICO)...