Vietnam arrests multiple suspects suspected of manipulating ONUS-related token prices

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According to Mars Finance news, market sources report that the Vietnamese Ministry of Public Security has arrested multiple suspects related to the cryptocurrency platform ONUS, accusing them of issuing and promoting tokens such as VNDC, ONUS, and HNG through the Onus platform, manipulating supply and prices using false advertising and coordinated trading, thereby illegally appropriating investors’ funds. The police stated that this group exercised highly concentrated control over the related token market, raising funds amounting to billions of dollars, but did not disclose specific losses. Named suspects include Vuong Le Vinh Nhan, related to ONUS Pro’s Singapore parent company XPLOR, ONUS exchange technical administrator Tran Quang Chien, and Ngo Thi Thao, head of HanaGold Jewelry JSC. The Vietnamese police conducted operations in multiple locations, summoning over 140 people and seizing relevant evidence; ONUS and its parent company Vemanti have not yet released detailed statements regarding the case.

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