Former Executive Arrested in Vietnam for Crypto Pyramid Scheme, Over 1.5 Billion VND in Damages
Security

Former Executive Arrested in Vietnam for Crypto Pyramid Scheme, Over 1.5 Billion VND in Damages

Phú Thọ Province Police in Vietnam have arrested Nguyễn Thanh Hương, 61, for allegedly using the cryptocurrency mining platform "Bitharvest" to defraud investors of over 1.5 billion VND (approximately $90,000 USD) through a multi-level marketing scheme. Authorities suspect Hương conspired with a foreigner to operate the illegal scheme within Vietnam.

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