SCOOP: Feds are investigating cryptocurrency offering by Steve Bannon and Guo Wengui's company GTV Media. The company began selling an online currency called "GDollars" in May and, according to my sources, raised millions. FEC never issued them a licence to sell digital currency.
An archived version of the website shows that the company managed by Wengui and Bannon offered "GDollars" and allowed consumers in the US and elsewhere to purchase up to $999,999 of the digital currency. https://web.archive.org/web/20200511114433if_/https://preorder.gtv.org/
Wengui's large online following pushed the purchase of the digital currency - which purportedly was to be used to purchase upgrades/send tips on GTV Media's network of platforms. https://twitter.com/Mulan2020/status/1259778468817993729?s=20
Stripe, which processed many of the payments of "GDollar", ultimately stopped accepting money because of legal concerns, according to a source.
The crypto offering was a *different* source of revenue for GTV Media and a different line of inquiry for the Feds, involving different potential crimes.
(the only reason this isn’t an article on @forensicnewsnet is because we don’t run pieces solely based on anonymous sources, which was unfortunately unavoidable in this case, but i’m still working on it!)
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