The verdict brings an end to Guo's interrelated fraud schemes that targeted thousands of his online followers, ultimately leaving them victimized and Guo living a life of extravagance.

Damian Williams, the United States Attorney for the Southern District of New York, announced the outcome of the trial, shedding light on Guo's brazen operation of fraud schemes. Guo's intention was purportedly to exploit his loyal followers and profit from their hard-earned money. He indulged in a luxurious lifestyle, with a lavish 50,000 square foot mansion, a $1 million Lamborghini, and a $37 million yacht.

The guilty verdict not only exposes Guo's fraudulent activities but also highlights the dedication and hard work of the career prosecutors and law enforcement partners who brought him to justice. Additionally, the authorities were successful in seizing hundreds of millions of dollars worth of fraud proceeds, ensuring that Guo's victims receive the justice they deserve.

As a consequence of his actions, Guo now faces the possibility of serving decades in prison. The severity of the charges against him indicates the malicious and harmful nature of his fraudulent schemes, leaving no doubt about the determination of the Southern District of New York in prosecuting such cases.

This landmark verdict serves as a reminder that fraudulent activities will not go unpunished. Individuals like Guo, who exploit the trust and hard-earned money of others, will face the full force of the law. The legal system stands strong in combating and dismantling harmful fraud schemes, ensuring the protection of innocent victims.

The conviction of Miles Guo signifies a major victory for justice, serving as a deterrent to those who might contemplate engaging in fraudulent activities. The Southern District of New York's commitment to prosecuting and dismantling malicious schemes is unwavering, and they will continue to pursue justice for the victims affected by such fraud.

These recent developments send a clear message that financial fraud will not be tolerated, and perpetrators will be held accountable for their actions. As the legal proceedings against Guo progress, the eyes of his victims and those seeking justice will be keenly focused on the sentencing phase, where it will be determined how long Guo will spend behind bars for his crimes.