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.