🚨 Vietnam police intensify crackdown on alleged ONUS crypto fraud.
According to Thanh Nien, Vietnam's Ministry of Public Security announced major progress in its investigation into the ONUS cryptocurrency exchange.
📌 Authorities have:
🔹 Seized 350+ kg of gold and silver
🔹 Frozen 8 properties worth approximately 200 billion VND
🔹 Suspended 300+ bank accounts linked to the suspects
Police have charged 8 individuals with offenses including fraud and money laundering through computer and telecommunications networks.
Investigators allege the group exploited limited public knowledge of cryptocurrencies by creating digital assets, using affiliated entities to generate artificial trading activity, and attracting investors. Between 2018 and 2021, the operation allegedly sold more than 7 trillion VND worth of crypto-related products.
The case reportedly involves around 5 million user accounts, with 2,000+ victim reports already submitted. Authorities are continuing asset recovery efforts and are also investigating whether social media influencers were involved in promoting the scheme.
According to Thanh Nien, Vietnam's Ministry of Public Security announced major progress in its investigation into the ONUS cryptocurrency exchange.
📌 Authorities have:
🔹 Seized 350+ kg of gold and silver
🔹 Frozen 8 properties worth approximately 200 billion VND
🔹 Suspended 300+ bank accounts linked to the suspects
Police have charged 8 individuals with offenses including fraud and money laundering through computer and telecommunications networks.
Investigators allege the group exploited limited public knowledge of cryptocurrencies by creating digital assets, using affiliated entities to generate artificial trading activity, and attracting investors. Between 2018 and 2021, the operation allegedly sold more than 7 trillion VND worth of crypto-related products.
The case reportedly involves around 5 million user accounts, with 2,000+ victim reports already submitted. Authorities are continuing asset recovery efforts and are also investigating whether social media influencers were involved in promoting the scheme.