# Guo Wengui / Miles Guo (Ho Wan Kwok): community discussion 155

Community discussion, batch 155 (Aug 31, 2026 – Sep 3, 2026), 1,016 messages, on the Guo Wengui / Miles Guo (Ho Wan Kwok) case. Three primary lines of discussion emerged: settlement and forfeiture boundaries separating criminal and bankruptcy proceedings, jurisdictional and procedural disputes across the Southern District, bankruptcy, and criminal courts, and asset recovery involving MOS, GClub, farms, and the Himalaya Exchange. Participants debated conflicting asset figures spanning 9 million, 150 million, and 1.4 billion, alleged coordinated collusive performances, and evaluated litigation tactics, particularly Second Circuit appeals, vacatur motions, and whether pursuing further litigation remains worthwhile.

Firsthand participant accounts and investment experiences, preserved with dates, sources and reply context.

English reading guide and paraphrases; Chinese source messages remain authoritative.

## Whether Settlement and Asset Forfeiture Are Severed: Handling Criminal and Bankruptcy Cases Separately

Participants debate whether the bankruptcy case is separating from the criminal prosecution and question how settlement affects alter ego determinations and asset tracing.

- kir***, Aug 31, 2026: kir*** contends that reaching a settlement would eliminate the need to establish alter ego liability. [Chinese original](https://mubeitech.com/discussions/messages/qb81b6f2a44921f221227)
- kir***, Aug 31, 2026: kir*** argues that the bankruptcy case is seeking to separate itself from the criminal case. [Chinese original](https://mubeitech.com/discussions/messages/q4f004a67c02ba4ecda74)
- joh***, Aug 31, 2026: joh*** contends that if the government and Luc wish to settle, they must first verify and clarify the funds. [Chinese original](https://mubeitech.com/discussions/messages/qd9014c3511d3d33a4f30)
## Procedural Boundary Disputes: Repeated Inquiries Concerning SDNY Freezes, Bankruptcy and Criminal Courts, and Officials

Participants dispute jurisdictional boundaries among the Southern District, bankruptcy court, and criminal court regarding frozen funds and filings.

- 0x_***, Sep 1, 2026: 0x_*** notes Changdao's statement that MOS funds were frozen by the government and asks whether those funds are under the jurisdiction of the bankruptcy court or the criminal court. [Chinese original](https://mubeitech.com/discussions/messages/q2c93ee155ce7a3d77b42)
- reb***, Sep 1, 2026: reb*** contends that the funds remain in its possession, have been spent, or were converted into other assets, questioning whether Luc has successfully recovered them. [Chinese original](https://mubeitech.com/discussions/messages/q85a6dc338ca5f35c795d)
- kir***, Aug 31, 2026: kir*** asks whether Gail filed in the Southern District of New York or in the bankruptcy proceeding. [Chinese original](https://mubeitech.com/discussions/messages/q89eee9a7f97065ed4c7e)
## Scope of Prosecution and Procedural Fairness Questioned: Failure to Pursue Co-Conspirators and Limited Disclosure of Evidence

Participants debate prosecutorial discretion and dispute why certain alleged co-conspirators were not indicted and whether evidence was withheld.

- joh***, Sep 2, 2026: joh*** contends that prosecutors omitted co-conspirators, concealed unrecorded domestic matched funds, and prevented domestic intermediary investment channels from reaching trial to obscure individual farm leaders' fraud. [Chinese original](https://mubeitech.com/discussions/messages/q854079f02b861a97fa1e)
- spr***, Sep 2, 2026: spr*** argues that the prosecution holds complete discretion over charging decisions and deliberately chose not to prosecute other individuals. [Chinese original](https://mubeitech.com/discussions/messages/q18c9ccaaeb928a0e00fc)
- 0x_***, Sep 2, 2026: 0x_*** notes that the judge did not approve Document 733 and contends that more evidence is needed so that even non-lawyers would recognize prosecutorial misconduct. [Chinese original](https://mubeitech.com/discussions/messages/q3b455748aed01f854156)
## Entity Status and Liability Chains: Independence of MOS, GClub, and ACA, with Differing Views on Alter Ego and Fund Flow

Participants dispute corporate separateness and argue whether MOS and other farm entities operated independently or under centralized direction as alter egos.

- joh***, Sep 1, 2026: joh*** argues that Changdao's MOS company and GClub figures Mei Guo and Qiang Guo oppose the settlement with Luc in the bankruptcy case, rejecting alter ego claims and challenging allegations of centralized control by Guo. [Chinese original](https://mubeitech.com/discussions/messages/q2368645e35c8eb5a899c)
- joh***, Sep 1, 2026: joh*** contends that MOS independently demanding funds in bankruptcy court isolates farm operations and weakens Mulan's claims that her team was acting under Guo's direction. [Chinese original](https://mubeitech.com/discussions/messages/qf1d5e4df274197ab6a56)
- joh***, Sep 1, 2026: joh*** argues that intermediary fraud belongs solely to the intermediaries and cannot be imputed to the Guo family under alter ego liability. [Chinese original](https://mubeitech.com/discussions/messages/q99acec27cc0fe81cbcf1)
## Conflicts over Key Asset Figures: Coexistence of 150 Million, 110 Million, 9 Million or 90 Million, and 1.4 Billion Estimates

Participants dispute varying calculations of victim losses and unrecorded farm funds cited across court filings and trial testimony.

- reb***, Sep 2, 2026: reb*** notes that there are currently no specific records showing whether funds from other farms were remitted to any of the named G Enterprise entities listed in the S3 superseding indictment. [Chinese original](https://mubeitech.com/discussions/messages/qf657cf59a86a2703a733)
- reb***, Sep 2, 2026: reb*** observes that according to the case file in Xia's lawsuit against Wei, Xia estimated that total investor funds remitted to Maywind were approximately 90 million. [Chinese original](https://mubeitech.com/discussions/messages/q1a2513efd04bac2a3722)
- joh***, Sep 1, 2026: joh*** contends that if Luc withdraws from the criminal case, the prosecution's claim of thousands of victims lacks factual foundation with only about 200 victim statements remaining, thereby undermining the basis for forfeiture. [Chinese original](https://mubeitech.com/discussions/messages/qa250e69b930e4ca79aed)
## Alignment Over Settlement Positions: Opposition to Settlement and Tracking Opponents' Actions

Participants track reactions to proposed settlement terms and observe divisions among litigating figures.

- joh***, Sep 3, 2026: joh*** states that Gail opposes the settlement. [Chinese original](https://mubeitech.com/discussions/messages/q6717aa85d4fbdd43cba9)
- may***, Sep 3, 2026: may*** contends that Ryan has won completely. [Chinese original](https://mubeitech.com/discussions/messages/qcc29654a94c47ceecb6b)
- hah***, Sep 3, 2026: hah*** posts a message containing no retrievable text. [Chinese original](https://mubeitech.com/discussions/messages/q7c0f80e967c49c68c13d)
## Expansion of the "Accomplice and Double Act" Narrative: Allegations of Meetings, Rotating Statements, and Cover-Ups

Participants accuse specific group members of colluding in coordinated shifts to obscure information and manipulate followers.

- joh***, Sep 1, 2026: joh*** contends that mon*** and hah*** appear together to conceal information, alleging that ostensibly opposing factions coordinate in rotating shifts to exploit followers. [Chinese original](https://mubeitech.com/discussions/messages/qf616827c46f62578bc8a)
- kir***, Sep 1, 2026: kir*** asks what specific information is purportedly being concealed. [Chinese original](https://mubeitech.com/discussions/messages/q687b052c22214c716d12)
## Debates Over Evidence and Dissemination Chains: Whether Broadcasts Mislead and Whether Posts and Accounts Can Be Verified

Participants question the credibility of continuous online broadcasts and seek verification of referenced filings.

- _ki***, Aug 31, 2026: _ki*** observes that the figure referred to as the deity has begun broadcasting sermons. [Chinese original](https://mubeitech.com/discussions/messages/q9b609ee7e01dbbdc8810)
- _ki***, Aug 31, 2026: _ki*** notes that these broadcast sessions last an entire day. [Chinese original](https://mubeitech.com/discussions/messages/qeb424d46b45b03857caf)
- kir***, Sep 3, 2026: kir*** asks joh*** to identify what document 872 refers to. [Chinese original](https://mubeitech.com/discussions/messages/q9ffb22b83a01dd35e59d)
## Fractured Perceptions of Key Figures: Opposing Views of Ryan and Gail Among Followers and Skeptics

Participants dispute the professional standing and credibility of Ryan and other prominent figures.

- may***, Aug 31, 2026: may*** contends that Ryan is an industry novice rather than a celebrity. [Chinese original](https://mubeitech.com/discussions/messages/q5451e431d30a21659822)
- may***, Aug 31, 2026: may*** argues that genuine celebrities never lack work. [Chinese original](https://mubeitech.com/discussions/messages/q31fa5800a6d588b38265)
- _ki***, Aug 31, 2026: _ki*** questions whether anyone believes what Ryan says. [Chinese original](https://mubeitech.com/discussions/messages/q009c7b1dcffab1419572)
## Disagreements on Litigation Strategy: Private Prosecution Boundaries, Second Circuit Vacatur, and Procedural Reversibility

Participants debate appellate relief and analyze procedural mechanisms to vacate sentences under the federal criminal rules.

- hah***, Sep 1, 2026: hah*** posts a message containing no retrievable text. [Chinese original](https://mubeitech.com/discussions/messages/q8fb2b4831f9304066d5b)
- kir***, Sep 3, 2026: kir*** suggests pursuing motions to vacate the sentence or vacate the entire conviction. [Chinese original](https://mubeitech.com/discussions/messages/q6d458a04bc17546d2154)
- reb***, Sep 3, 2026: reb*** argues that failing to resolve conflicting fund characterizations under Fed. R. Crim. P. 32(i)(3)(B) constitutes procedural error under Gall v. United States and Rita v. United States, advising verification of whether objections were preserved and whether funds fell under §2B1.1. [Chinese original](https://mubeitech.com/discussions/messages/q73f3e79a526be01d8588)
## Conflicting Expectations on Recovery and Refunds: Pursuing Litigation Versus Seeking Funds from the SEC Fair Fund

Participants recount personal experiences with refund distributions and dispute whether continued litigation or administrative funds offer recovery.

- may***, Sep 3, 2026: may*** asserts that participants have lost their money. [Chinese original](https://mubeitech.com/discussions/messages/q2a54b962b53eb0d0d0b0)
- ntp***, Sep 2, 2026: ntp*** recounts submitting a claim form but receiving neither an email nor a refund, expressing uncertainty about the reason. [Chinese original](https://mubeitech.com/discussions/messages/q1dd4c83980515655c002)
- 0x_***, Sep 2, 2026: 0x_*** describes having received a refund and suggests calling the Fair Fund to inquire. [Chinese original](https://mubeitech.com/discussions/messages/qf999a08d3809679f7566)