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Vietnamese police have arrested four suspects in connection with cryptocurrency mining scams

On January 5, Vietnamese police arrested four suspects in a cryptocurrency mining scam that stole 4 billion Vietnamese dong ($157,300) from more than 200 victims. The alleged offenders, led by Mr. Chen, allegedly developed a fraudulent cryptocurrency mining website called BitMiner, registered with a Singapore domain name. The gang claimed to be a Dubai-based cryptocurrency mining company and promised unrealistic returns on investment.