Vietnamese authorities detain senior executives related to the ONUS crypto platform amid investigation into crypto fraud

SmartContractAuditor · 2026-03-27T15:01:40+00:00

Vietnam's Ministry of Public Security has detained multiple individuals related to the ONUS crypto platform for allegedly attracting investor funds through false advertising and manipulating the market. The investigation involves several tokens, with police stating that the total funds involved amount to billions of dollars, and more than 140 people have already been questioned. The ONUS platform claims to have over 7 million users and has not yet responded to these allegations.

SmartContractAuditor

2026-03-27 15:01:40

Abstract generation in progress

Odaily Planet Daily News - The Vietnamese Ministry of Public Security has detained several individuals associated with the ONUS cryptocurrency platform, accusing them of misappropriating investors’ funds through false advertising and coordinated trading activities. Investigators claim the suspects manipulated token supply and demand while maintaining centralized control over the market. The case involves multiple tokens, including VNDC, ONUS, and HNG, with the police stating that the operation involves billions of dollars, but details of investor losses have not been disclosed.

Authorities have confirmed several individuals involved, including Vuong Le Vinh Nhan, linked to ONUS Pro’s Singapore parent company XPLOR by Vemanti, Tran Quang Chien, described by local reports as the platform’s technical administrator, and Ngo Thi Thao, a director at HanaGold Jewelry JSC. The investigation spans multiple cities and institutions, with over 140 people summoned for questioning. Vemanti has confirmed that it has hired U.S. legal counsel and has confirmed that Nhan is its board chairman and Chien is a board member.

The ONUS platform claims to have over 7 million users and is supported by the U.S. fintech company Vemanti Group, but CoinMarketCap shows that the ONUS token reports a market capitalization of approximately $25 million. The platform has not yet issued an official statement regarding the allegations.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.