Subsequently, be sure to guard against stablecoins issued by small countries, which may be created by pyramid schemes or scam groups, claiming to be endorsed by the government!!! The Vietnamese Ministry of Public Security has detained multiple suspects related to the crypto platform ONUS, accusing them of issuing and promoting tokens such as VNDC, ONUS, and HNG through the Onus platform, using false advertising and coordinated trading to manipulate supply and demand.

Subsequently, we must guard against stablecoins issued by small countries, as they may be associated with Ponzi schemes or fraudulent organizations, claiming to have state endorsement! The Ministry of Public Security of Vietnam has arrested multiple suspects linked to the cryptocurrency platform ONUS, accusing them of issuing and promoting tokens such as VNDC, ONUS, and HNG through the Onus platform, utilizing false advertising and coordinated trading to manipulate supply, demand, and prices, thereby illegally appropriating investors’ funds. The police stated that this group exercised highly concentrated control over the related token market, raising funds amounting to billions of dollars, but did not disclose specific losses. The named suspects include those associated with ONUS Pro’s Singapore parent company XPLOR.