PANews reported on October 16th that according to Techinasia, Hanoi police arrested Nguyen Hoa Binh, a prominent investor on the Vietnamese version of "Shark Tank" and chairman of NextTech, on suspicion of cryptocurrency fraud. Police seized assets valued at $34 million, including 597 gold bars, 18 property titles, and two vehicles. Nguyen and nine others face charges of fraudulent misappropriation of assets and accounting irregularities related to the AntEx cryptocurrency project. Police allege that in 2021, Nguyen and his colleagues sold 33.2 billion AntEx tokens to 30,000 investors, raising $4.5 million. They then withdrew, converted, and distributed the funds, some of which were transferred to NextTech affiliates. Nguyen was also accused of directing employees to prepare two sets of accounts to conceal revenue at Nextland Real Estate Commercial Joint Stock Company. The investigation is ongoing, and police indicate that additional charges may be filed.PANews reported on October 16th that according to Techinasia, Hanoi police arrested Nguyen Hoa Binh, a prominent investor on the Vietnamese version of "Shark Tank" and chairman of NextTech, on suspicion of cryptocurrency fraud. Police seized assets valued at $34 million, including 597 gold bars, 18 property titles, and two vehicles. Nguyen and nine others face charges of fraudulent misappropriation of assets and accounting irregularities related to the AntEx cryptocurrency project. Police allege that in 2021, Nguyen and his colleagues sold 33.2 billion AntEx tokens to 30,000 investors, raising $4.5 million. They then withdrew, converted, and distributed the funds, some of which were transferred to NextTech affiliates. Nguyen was also accused of directing employees to prepare two sets of accounts to conceal revenue at Nextland Real Estate Commercial Joint Stock Company. The investigation is ongoing, and police indicate that additional charges may be filed.