Svmuu News: Vietnam's Ministry of Public Security has detained several individuals associated with the ONUS crypto platform, accusing them of misappropriating investor funds through false advertising and coordinated trading activities. Investigators allege that the suspects manipulated token supply and demand, adjusted prices, while maintaining centralized control over the market. The case involves multiple tokens including VNDC, ONUS, and HNG. Police stated the operation involved billions of dollars, but did not disclose detailed figures on investor losses.
Authorities identified several individuals involved, including Vuong Le Vinh Nhan, who is linked by Vemanti to XPLOR, the Singapore-based parent company of ONUS Pro; 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 agencies, with over 140 people summoned for questioning. Vemanti confirmed it has engaged U.S. legal counsel and verified that Nhan serves as its Board Chairman, with Chien as a board member.
The ONUS platform claims to have over 7 million users and support from the U.S. fintech company Vemanti Group. However, CoinMarketCap data shows the self-reported market capitalization of the ONUS token is approximately $25 million. The platform has not yet issued an official statement regarding the allegations.