• Market Cap: $266b

  • Aug 18, 2022

$660 Million Pincoin and iFan ICO Fraud Leads to Protests in Vietnam

A major ICO-scam in Vietnam resulted in $660 Million in investor money being conned away by Pincoin and iFan tokens. All seven members involved in the scandal have absconded the nation.

Vietnam Acts to get a hold of Crypto Scams

Around 32,000 Vietnamese investors helped the ICO raise 15 trillion - $660 million. Both the companies later emerged as scams.