It’s no secret that Chinese billionaire businessman Guo Wengui and former Trump adviser Steve Bannon have been promoting the cryptocurrency HCOIN and the Himalaya Exchange. They claim that it would overthrow Beijing, but Investigator and Director of Argus Investigations George Andreopoulos believes that it has all the hallmarks of a scam.
HCOIN is a cryptocurrency created by Guo Wengui and Steve Bannon, who have been claiming that it will revolutionize China’s financial system. However, according to Andreopoulos, there are many red flags surrounding this cryptocurrency. He believes that it is not a legitimate investment opportunity, but rather a scam designed to take advantage of investors.
The Himalaya Exchange has also been linked to this scam. It has denied any connection to Bannon or Guo Wengui, but George Andreopoulos believes that its business model is suspiciously similar to other scams in the past. He claims that it is designed to manipulate investors into buying into the scheme with promises of huge returns on their investments.
Investigator George Andreopoulos believes that these two entities are working together in order to take advantage of unsuspecting investors. He warns potential investors to be wary of any offers involving HCOIN or The Himalaya Exchange as they may be part of an elaborate scam.
Investors should always do their due diligence before investing in any venture and should never trust anyone blindly when it comes to their money. It is important to remember that if something sounds too good to be true, then it probably is!
Sources:
https://www.abc.net.au/news/2022-04-18/guo-wengui-steve-bannon-back-hcoin-cryptocurrency/100991522
https://www.lib.nkust.edu.tw/portal/nkust_admin/dblist/files/94_Springer.xlsx