According to ChainCatcher, citing CoinTelegraph, Vietnam’s Public Security Ministry recently arrested several individuals linked to the crypto platform ONUS, accusing them of inducing investors to purchase tokens such as VNDC, ONUS, and HNG through false advertising, coordinated wash trading, and artificial price manipulation. The alleged涉案 amount is said to reach billions of dollars. Those arrested include Vuong Le Vinh Nhan, associated with XPLOR, the parent company of ONUS Pro; Tran Quang Chien, the platform’s technical administrator; and Ngo Thi Thao, director of HanaGold Jewelry JSC. The investigation spans multiple cities, with over 140 individuals summoned for questioning and relevant evidence seized. As of now, ONUS has not issued an official statement regarding the matter.
Vietnam arrests multiple individuals linked to the ONUS platform over alleged token price manipulation and fraud.
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Summary
Vietnamese police have arrested key figures associated with the ONUS platform, accused of manipulating token prices and operating a fraudulent scheme involving billions of dollars. Those detained include Vuong Le Vinh Nhan from XPLOR, Tran Quang Chien, and Ngo Thi Thao. Over 140 individuals have been questioned, with evidence gathered across multiple cities. The case has heightened concerns for altcoins to watch, as regulatory scrutiny intensifies. The Crypto Fear and Greed Index may face downward pressure amid such crackdowns. ONUS has not yet commented.
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