Vietnamese authorities have detained multiple people in a probe into activities tied to the ONUS crypto platform, alleging the suspects used deceptive promotions and coordinated trading to divert investor funds. The Ministry of Public Security said investigators are targeting a group accused of issuing and selling digital tokens through ONUS while manipulating supply, demand and prices to make those assets appear as legitimate investments, despite retaining centralized control.
Officials named several suspects, including Vuong Le Vinh Nhan — whom Vemanti has associated with XPLOR, the Singapore-based parent of ONUS Pro — Tran Quang Chien, identified in Vietnamese reports as the technical administrator of the ONUS exchange, and Ngo Thi Thao, director of HanaGold Jewelry JSC. Authorities say the group created and promoted tokens such as VNDC, ONUS and HNG on the platform. Police allege the scheme raised billions of dollars from investors, though they have not published a detailed breakdown of alleged losses.
The investigation involved multiple agencies across several cities. Police said they summoned more than 140 people for questioning and seized evidence as part of efforts to dismantle what they described as large-scale crypto-linked fraud operations.
Vemanti Group said it learned of indictments involving Nhan and Chien from the ministry announcement and media reports and has engaged U.S. legal counsel to assess the situation. Vemanti identified Vuong as its board chairman and Tran as a board member.
ONUS presents itself as a digital asset ecosystem offering trading, staking and other investment products, and it claims more than seven million users and backing from U.S.-based fintech firm Vemanti. Its official X account lists over 885,000 followers. Market data aggregator CoinMarketCap shows the ONUS token with a self-reported market capitalization near $25 million — a figure that underscores a discrepancy between the platform’s publicly visible token metrics and the larger sums authorities allege were raised. ONUS had not issued a public statement at the time of reporting.
The arrests add to increased scrutiny of crypto activity in Vietnam, which is one of the world’s most active retail digital-asset markets and ranked fourth in Chainalysis’ 2025 crypto adoption index.
Separately, India’s Central Bureau of Investigation said it arrested a Mumbai-based suspect accused of facilitating the trafficking of victims into scam compounds in Myanmar. The agency alleges people were lured with job offers to Thailand and then diverted to crime hubs in Myanmar’s Myawaddy region, where they were confined, intimidated and forced to run online fraud operations — including crypto investment and romance scams targeting victims globally.
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