| Guo Wengui With Bannon Cited
Sued Strategic Vision Now GTV Settles with SEC
for $434M
By Matthew
Russell Lee, Exclusive Patreon
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SDNY COURTHOUSE,
May 17 – Guo Wengui's Eastern
Profit Corporation sued
Strategic Vision US LLC, in a
sealed complaint. Inner City
Press covered the case, below.
On May 16, 2022
the SEC filed and settled a
complaint against Guo's GTV,
reciting that it raised $487
million and offered a digital
asset security called G-Coins
or G-Dollars. Now GTV and
Saraca must disgorge $434
million, and Arizona-based VOG
must pay $53 million.
Back on
October 5, 2020 U.S. District
Court for the Southern
District of New York Judge
Lewis J. Liman held a
proceeding. Inner City Press
live tweeted it, here
and below.
After the
bench trial (below), this:
"FINDINGS OF FACT AND
CONCLUSIONS OF LAW: For the
reasons explained above, the
Court concludes that Eastern
prevails on its claim for a
declaratory judgment that the
Agreement is unenforceable and
void, and Eastern is entitled
to restitution in the amount
of the $1 million Strategic
was never entitled to collect
from Eastern. The Court has
reviewed the remaining
arguments and defenses, which
fail."
And now on July
14, the stipulation: $1
million but with the
pre-judgment interest crossed
out, photo here. "STIPULATED
AND FINAL JUDGMENT: IT IS
HEREBY ORDERED AND ADJUDGED,
this 14 day of July, 2021,
that: 1. JUDGMENT is entered
in Eastern's favor and against
Strategic on Count III
(Declaratory Judgment) of
Eastern's Second Amended
Complaint (Dkt. No. 93
46-107), Count I (Breach of
Contract) of Strategic's
Counterclaims (Dkt. No. 127
89-104), and Count II (Fraud)
of Strategic's Counterclaims
(Dkt. No. 127 105-116); 2.
Eastern is hereby AWARDED $1
million USD, plus
post-judgment interest in the
amount of $2.47 per day
beginning on June 30, 2021;
and 3. Following entry of this
judgment, Eastern may apply
for allowable costs pursuant
to Fed. R. Civ. P. 54(d) and
Local Rule 54.1. SO ORDERED.
(Signed by Judge Lewis J.
Liman on 7/14/2021)"
Back on
March 31 after Steve Bannon
got a pardon from
then-President Trump, Judge
Liman held another conference,
and Inner City Press again
covered it.
As the
parties prepared to go to
(bench) trial, Eastern
Profit's lawyer asked to go
into a sealed courtroom. Judge
Liman asked for her proffer
and she said that a certain
witness - whom she left
unnamed - may well invoke the
Fifth Amendment right to not
incriminate oneself, that
there are criminal issues in
the air.
Inner City Press
has now published the
complaint on Patreon here;
the talk of the centrality of
the witness and the looming
but not current criminal
issues point in one direction.
On April 30, Judge
Liman held closing arguments, and
Inner City Press live
tweeted:
A
complete
letter on
Patreon here.
From April 22:
Q: Mr.
Guo, do you
live in the
Sherry
Netherland
Hotel?
Guo: I
invoke my
privilege
under the 5th
Amendment.
Q:
Mr. Guo, is it
true that
video
recording in
your
apartment,
that you did
not make,
appeared on
the Internet?
Guo:
It was at the
very
beginning, on
some Twitter
from the CCP,
in China.
Q: You
received a
subpoena for
all video or
audio of your
meetings with
Chinese
officials, but
did not
provide this
one?
Guo: I
don't know
where that
video is now.
I have never
seen it all
the way
through.
Q:
Is that the
video where
you say
Chinese
officials
tried to
kidnap you and
take you back
to China?
Guo: We
met for many
hours. That
was just a
little bit of
what happened.
They said they
have a lot of
resources and
organizations
in the US that
can have me
killed
Q:
Isn't it true
that during
this meeting,
your wife made
dumplings for
the Chinese
officials?
Guo:
Yes.
Q: Then
you walked the
group out of
the building.
Guo: I did.
Judge
Liman: Please
explain how he
can invoke the
5th Amendment
when
Strategic's
counsel ask
about a
transcript Mr.
Guo has
already
adopted?
Mr.
Klein: He
said, my name
is there. He
did not say, I
said that.
Judge
Liman: He was
represented by
counsel, by
you.
Mr
Klein: He was
answering on
another topic,
we're invoking
only as to
certain topic
areas. He can
confirm it is
on the page. I
view it as
tethering to
certain
topical areas.
Judge Liman:
Let me explore
the limits of
your
invocation...
Judge
Liman: We'll
leave it open,
and if I
determine
there is no
good faith
invocation,
we'll come
back.
Q: Mr.
Guo, you said,
"I will not
make any
decisions
before the
19th National
Congress."
That's what
you said to Mr
Ping, no? Guo:
I was
repeating what
I said
Q:
You said, I am
not against
the Party,
neither have I
said I am for
the Party,
right? Guo:
That is
different than
what I said.
They wanted me
to say I am
for the CCP. I
refused.
Q:
Mr. Guo, have
you attacked
Mr. Bob Fu
online? Guo: I
have never
attacked
anyone. There
were a million
online
attacking me.
Why would I
retaliate
against all of
them. It is
the strategy
of the CCP,
unrestricted
warfare.
Q: Mr.
Guo, have you
encouraged
your followed
to harass
Sasha Gong?
Guo:
Absolutely
impossible. Q:
Have you
accused Sasha
Gong of being
a Communist
spy? Guo: It
was after she
called me a
spy. Then I
retaliate. Q:
Bob Fu is a
pastor? Guo:
No, a CCP
member.
Q:
Mr Guo, isn't
a large part
of your work
attacking
dissidents in
this country?
Guo: This is
purely a lie.
99% of my time
is against the
CCP, exposing
them, their
deeds in
Xinjiang,
Tibet,
exposing the
truth about
the virus...
Q:
Mr. Guo, you
said you
wanted to go
back to China
after showing
merit Guo: I
don't recall
that. Q: You
wanted to get
research and
evidence to
take out one
faction of the
CCP, correct?
Guo:
Absolutely
impossible
Judge
Liman: We'll
take our
break... Then
we'll have our
last witness.
[Sasha
Gong, here]
Back on
April 21, at
the end of the
day, Guo himself
took the
stand. Here is
Inner City
Press' thread of
that:
Outside
the SDNY
courthouse
there are two
dozen Guo
supporters. A
witness in
this case
wrote in and
characterized
them as thugs
"surfing"
Chinatown
looking for
people to beat
up. Yet in the
gallery as the
trial began
there was only
Inner City
Press
Previous:
Lawyer
for Eastern
Profit
Corporation
Limited says
Mr. Guo is a
"real
dissident,"
and that it
will be proved
at this trial.
Accuses
Strategic
Vision US LLC
of falsely
claiming Guo
*supports* Xi.
Eastern
Profit
Corporation
Limited wants
a judgment of
$1 million and
that
Strategic's
claims be
stricken.
The case,
in which Guo is also known as
Miles Kwok and in which now
SDNY criminal subject Stephen
K. Bannon is also listed, is
Eastern Profit Corporation
Limited v. Strategic Vision US
LLC, 18-cv-2185 (Liman)
***
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