Hanoi City Police in Vietnam have taken down virtual currency trading floors involved in fraudulent activities, resulting in arrests and the seizure of assets worth billions of VND. Trieu Nu Cuoi Company was discovered promoting QFS coins with spiritual elements and had generated around 30 billion VND in revenue. The company had planned to host a conference to further promote the coins and convince individuals to invest between 4 million and 39 million VND. The police have urged those affected to come forward and advised the public to research and verify information before investing in virtual currencies.



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