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Vietnamese police thwart 30 billion Vietnamese Cryptocurrency fraud case, protecting 300 potential victims
Odaily Planet Daily News Hanoi police have stopped 300 potential victims from investing in a carefully designed Cryptocurrency eyewash, which has defrauded about 1.17 million US dollars (300 billion Vietnamese dong) from approximately 100 enterprises and 400 individuals. It is reported that the Hanoi police have arrested individuals associated with Million Smiles company, which orchestrated an illegal and fraudulent Cryptocurrency investment scheme targeting Vietnamese citizens, promoting its internal Cryptocurrency QFS (Quantum Financial System), and linking it with ancestral treasures and spiritual claims through deceptive advertisements. (Cointelegraph)