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

Odaily · 2026-03-28T00:34:40+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.

Odaily

2026-03-28 00:34:40

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Odaily Planet Daily reports that the Vietnamese Ministry of Public Security has detained several individuals related to the ONUS cryptocurrency platform, accusing them of misappropriating investor funds through false advertising and coordinated trading activities. Investigators claim that the suspects manipulated token supply and demand and adjusted prices 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 in funds, but did not disclose detailed information about investor losses.

Authorities have confirmed multiple individuals involved in the case, including Vuong Le Vinh Nhan, linked to ONUS Pro’s Singapore parent company XPLOR, described by local reports as the platform’s technical administrator Tran Quang Chien, and Ngo Thi Thao, a director at HanaGold Jewelry JSC. The investigation spans multiple cities and agencies, with over 140 individuals already summoned for questioning. Vemanti has confirmed that it has hired U.S. legal counsel and 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 U.S. fintech company Vemanti Group, but CoinMarketCap shows that the ONUS token reports a market capitalization of about $25 million. The platform has not yet released an official statement regarding the allegations.

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