# Guo Wengui / Miles Guo (Ho Wan Kwok): community discussion 166

Community discussion, batch 166 (Oct 29, 2026 – Nov 1, 2026), 995 messages, on the Guo Wengui / Miles Guo (Ho Wan Kwok) case. Participants disputed investment losses, refund flows and forfeiture amounts involving GTV and VOG, and whether Zhang Yongbing’s role representing investors conflicted with his alleged role in a conspiracy. They interpreted Dkt. 388 and debated witness credibility, refund authorizations and Maywind litigation. Some noted objections already raised in ECF 383 while questioning their sufficiency and the threshold for ineffective assistance. Discussion also covered CVRA, the Second Circuit, civil proceedings, Korean loans and speculation about political influence.

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

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

## Whether Luosige sought to overturn the case and the role of private litigants

tan*** recalled Luosige’s stated aim and argued that private litigants exposed procedural and evidentiary problems.

- tan***, Oct 29, 2026: tan*** recalled Luosige saying he wanted to overturn the case. [Chinese original](https://mubeitech.com/discussions/messages/qde3885b61b82b12057b4)
- tan***, Oct 29, 2026: tan*** argued that Luosige helped initiate discussion despite not understanding the private litigants’ detailed arguments. [Chinese original](https://mubeitech.com/discussions/messages/q2c33b45d5597372127b4)
- tan***, Oct 29, 2026: tan*** credited private litigation with exposing alleged procedural and evidentiary problems and challenging bankruptcy proceedings’ claim to funds. [Chinese original](https://mubeitech.com/discussions/messages/q0d24c6be455ad119e27b)
## Whether Fair Fund refunds passed through an agent and reached investors

Participants questioned the refund evidence and proposed tracing an investor’s authorized claim.

- ntp***, Oct 29, 2026: ntp*** asked whether the Fair Fund had sent everything to Zhang and recalled being told their own refund awaited SEC approval. [Chinese original](https://mubeitech.com/discussions/messages/qb441dbf4ce955a30adb7)
- ntp***, Oct 29, 2026: ntp*** requested evidence that the Fair Fund paid Zhang and that Zhang denied receiving the money. [Chinese original](https://mubeitech.com/discussions/messages/qcb7f7ccffdfe4bcfb4f2)
- joh***, Oct 30, 2026: joh*** said Jason had applied for a refund and authorized Zhang, and proposed using CVRA to investigate the money. [Chinese original](https://mubeitech.com/discussions/messages/qe3611775e6ffd1267eea)
## GTV and VOG funds, losses, forfeiture and investor status

joh*** offered interpretations of GTV losses and forfeiture and speculated about the location of VOG funds.

- joh***, Oct 30, 2026: joh*** contended that GTV investments were legitimate and that the jury found no GTV loss for sentencing and monetary judgment. [Chinese original](https://mubeitech.com/discussions/messages/q98f0cf7d77fd7252ca42)
- joh***, Oct 30, 2026: joh*** argued that GTV forfeiture in Wang’s case might change and that investors who had authorized Zhang but received no refund still suffered losses. [Chinese original](https://mubeitech.com/discussions/messages/q961a35de07eb1e540deb)
- joh***, Oct 31, 2026: joh*** speculated that VOG funds held by Wei explained a difference between the GTV amount in the indictment and forfeiture. [Chinese original](https://mubeitech.com/discussions/messages/q19b9ed81ff3686ebd784)
## Whether Zhang Yongbing’s refund representation conflicted with the conspiracy determination

Participants questioned how Zhang’s investor representation related to the characterization of his conduct as conspiratorial.

- beg***, Oct 30, 2026: beg*** argued that Zhang’s various roles, including seeking Fair Fund money for alleged victims, warranted closer examination. [Chinese original](https://mubeitech.com/discussions/messages/q12a52ddceacda19c8e73)
- kir***, Oct 30, 2026: kir*** questioned whether Zhang’s representation of investors created an evidentiary conflict relevant to Order 388, while noting that it would not automatically overturn the ruling. [Chinese original](https://mubeitech.com/discussions/messages/q66e14d551ca4ad454b31)
- kir***, Oct 31, 2026: kir*** disputed the chronology and argued that the person’s role in pursuing funds undermined Torres’s characterization of her as a co-conspirator. [Chinese original](https://mubeitech.com/discussions/messages/qe38b81c1785223203550)
## Order 388, admissibility of co-conspirator statements and limits of testimony

Participants examined Exhibit A and distinguished a witness’s reported fear from the conduct she described.

- kir***, Oct 30, 2026: kir*** directed another participant to Exhibit A in Order 388. [Chinese original](https://mubeitech.com/discussions/messages/q0bfd3d232b28f7f2a1f6)
- kir***, Oct 30, 2026: kir*** asked what Exhibit A said about Zhang’s alleged co-conspirator conduct and statements. [Chinese original](https://mubeitech.com/discussions/messages/q2a894da575d7ce8bf707)
- roy***, Oct 30, 2026: roy*** described Dkt. 388, Dkt. 382-1 and GX VI66, distinguishing Li Ya’s reported financial threat and fear from an explicit death threat or a signed affidavit. [Chinese original](https://mubeitech.com/discussions/messages/qb621af1969e03d15594c)
## The adequacy of defense objections and the threshold for ineffective assistance

kir*** identified arguments already raised by the defense and questioned whether other testimony supported an ineffective-assistance claim.

- kir***, Nov 1, 2026: kir*** described ECF 383 as already citing independent conduct and disputing a link between Zhang’s statements and Guo. [Chinese original](https://mubeitech.com/discussions/messages/qdbb077aa0c7e2c81ccee)
- kir***, Nov 1, 2026: kir*** argued that defense counsel had already made the point another participant proposed. [Chinese original](https://mubeitech.com/discussions/messages/q274b382183f0272a2122)
- kir***, Oct 31, 2026: kir*** argued that potentially favorable testimony omitted from Dkt. 383 merited review but did not establish a Cronic claim by itself. [Chinese original](https://mubeitech.com/discussions/messages/q0defb97d599910c8f65d)
## Refund authorization, Maywind litigation and control of funds as challenges to the conspiracy theory

Participants discussed whether an authorization and evidence of independent financial control could support a more specific challenge.

- joh***, Oct 30, 2026: joh*** argued that Jason’s authorization could be used in a CVRA proceeding against Zhang. [Chinese original](https://mubeitech.com/discussions/messages/qee791a892e78ca31ed42)
- kir***, Oct 31, 2026: kir*** asked whether Guo had instructed Xia to sue Wei in the Maywind case. [Chinese original](https://mubeitech.com/discussions/messages/q668dea3b525ded18f1eb)
- kir***, Nov 1, 2026: kir*** contended that Dkt. 383 insufficiently used refund and independent-conduct evidence and proposed a more specific argument concerning Dkt. 388. [Chinese original](https://mubeitech.com/discussions/messages/qeebd6cadfec05cedaad9)
## CVRA, Second Circuit and civil routes for investigating refunds and challenging rulings

Participants asked about appellate access, proposed a CVRA inquiry and questioned the composition of a civil case.

- ntp***, Oct 29, 2026: ntp*** asked whether someone who missed the Southern District proceedings could approach the Second Circuit. [Chinese original](https://mubeitech.com/discussions/messages/q59744f96db7ef0b65f01)
- joh***, Oct 30, 2026: joh*** described Jason’s GTV investment and unanswered refund inquiries and proposed using CVRA to seek clarification. [Chinese original](https://mubeitech.com/discussions/messages/qd172ffe3b4f6cc6a5302)
- kir***, Oct 30, 2026: kir*** asked whether Xia and Wei’s case involved mostly Farm loans rather than GTV. [Chinese original](https://mubeitech.com/discussions/messages/q880d61aeeb5824f580b5)
## Witness credibility, sources of material and the alliance’s possible influence

Participants questioned witness incentives and evidence sources while calling for proof of any alleged common control.

- beg***, Oct 30, 2026: beg*** contended that disproving testimony from alleged co-conspirators seeking favorable treatment could undermine the conviction. [Chinese original](https://mubeitech.com/discussions/messages/q3a708a9db52643bdf3a4)
- joh***, Nov 1, 2026: joh*** referred to extensive livestream material. [Chinese original](https://mubeitech.com/discussions/messages/q5cef153a93ae99d85d82)
- kir***, Nov 1, 2026: kir*** argued that alleged common control over evidence would require a documented chain linking specific sources, participants and effects on the proceedings. [Chinese original](https://mubeitech.com/discussions/messages/qb21a19a130cadb060f31)
## Korean lending project, related civil litigation and responsibility for funds

Participants discussed a possible approach to the Korean loan project and related civil proceedings.

- joh***, Oct 30, 2026: joh*** proposed involving Hahn in the criminal case over a Korean loan project that they said was absent from the indictment and preliminary forfeiture list. [Chinese original](https://mubeitech.com/discussions/messages/q3f7923dde34263872e12)
- beg***, Oct 30, 2026: beg*** said Anna had already included Hahn, Caogen and Wang Xuebing. [Chinese original](https://mubeitech.com/discussions/messages/qab30569c53689a3f3f0c)
- joh***, Nov 1, 2026: joh*** argued that the defense had only speculated about Wei taking GTV funds and overlooked a Maywind civil lending case with a judgment. [Chinese original](https://mubeitech.com/discussions/messages/q4b312477753ab17d5635)
## Speculation about political forces, intelligence and the people involved

Participants speculated about political responsibility, protection and a possible intelligence connection.

- kir***, Oct 30, 2026: kir*** speculated that the Chinese Communist Party’s role was limited and blamed actions by the alliance for consequences facing its members. [Chinese original](https://mubeitech.com/discussions/messages/qb49ac6c42ecf24c88c8b)
- reb***, Oct 30, 2026: reb*** predicted that the Communist Party would protect them. [Chinese original](https://mubeitech.com/discussions/messages/q34a53336573f634926ee)
- kir***, Oct 30, 2026: kir*** speculated that CIPA might show GTV was a US intelligence project. [Chinese original](https://mubeitech.com/discussions/messages/q09e128cdb71cc8f1680c)