Overview
- National police say they broke up a fake‑token scheme on the ONUS app, arresting fintech figure Vuong Le Vinh Nhan and six others.
- Investigators allege the group created and sold sham coins since 2018 and rigged markets for VNDC, ONUS and HNG to mislead buyers.
- The platform is now inaccessible, leaving many users locked out of accounts as the criminal case moves forward.
- Authorities report investor losses in the billions of dollars and have asked victims to contact them, but no full tally is public.
- The probe has expanded across multiple provinces, with more than 140 people summoned and Vemanti hiring US counsel after board members were named.