Vietnamese authorities dismantled a gigantic cryptocurrency fraud plan following coordinated raids across just a few provinces, resulting in bigger than 140 interrogations and the seizure of intensive digital evidence.
Internet investigation Snappily Response and Formal Charges
Authorities in Vietnam maintain launched a sweeping investigation into one of the most nation’s ideal cryptocurrency fraud cases up to now, detaining several excessive-profile figures accused of a multiyear plan to misappropriate assets. From March 20 to 21, coordinated activity forces across just a few provinces summoned bigger than 140 individuals for questioning and seized computers, telephones, and monetary records.
In step with native experiences, investigators acted suddenly to quit suspects from destroying paperwork or concealing assets. On March 23, the Security Investigation Agency of the Ministry of Public Security formally initiated a felony case on costs of cash laundering and using computer or telecommunications networks to appropriate property. The alleged crimes spanned Hanoi and several other different cities.
Authorities known the alleged masterminds as Vuong Le Vinh Nhan, same outdated director of Digital Asset Management JSC, based in Can Tho; Tran Quang Chien, technical administrator of the ONUS cryptocurrency alternate, based in Hanoi; and Ngo Thi Thao, director of HANAGOLD Gold, Silver and Gemstone JSC, based in Ho Chi Minh City.
Investigators deliver that Nhan, Chien, Thao, and their pals created and promoted cryptocurrencies similar to VNDC, ONUS, and HNG, promoting them by the ONUS alternate. To trap traders, they allegedly extinct false marketing and manipulated provide and ask to artificially alter costs below Nhan’s route.
On March 24, the Ministry of Public Security moved to prosecute and detain Nhan, Chien, Thao, and 4 others below Article 290 of the Penal Code. One further suspect faces prosecution below Article 324. The Supreme Of us’s Procuratorate has authorized the detentions.
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Authorities are urging victims to contact the Security Investigation Agency. Police additionally warned the public to remain vigilant in opposition to online investment schemes disguised as “skills ecosystems” or cryptocurrency projects promising excessive returns.
Internet investigation FAQ ❓
- What took space in March 2026? Police across Vietnam raided just a few websites, wondered 140 individuals, and seized digital evidence in a significant crypto fraud probe.
- Who are the major suspects? Authorities detained Vuong Le Vinh Nhan, Tran Quang Chien, Ngo Thi Thao, and others linked to VNDC, ONUS, and HNG tokens.
- What costs were filed? Suspects face prosecution for property appropriation by computer networks below Article 290, and one faces money laundering below Article 324.
- How can victims acknowledge? Victims ought to contact the Security Investigation Agency in Hanoi for guidance and story suspicious online investment schemes to native police.
