Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Cryptocurrencies Vietnam protesters say $660m stolen in initial coin offerings Modern Tech touted high returns to around 32,000 investors Bitcoin or other cryptocurrencies are exchanged for digital tokens in initial coin offerings. Large scams involving ICOs have been reported in Vietnam.
April 12, 2018 07:08 JST | Vietnam
HO CHI MINH CITY -- Ho Chi Minh City authorities ordered an investigation on Wednesday into the apparent theft of $660 million through scams linked to cryptocurrency startups.
The probe was a response to protesters who gathered downtown of the Vietnamese city to demand the return of their money.
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