sterling silver jewelry wholesale new york What is the amount of the current ICO fraud case in Vietnam?

best diva wholesale jewelry In Vietnam cryptocurrency company Modern Tech launched the first token issuance (ICO) for its token Pincoin, and raised 660 million US dollars of funds from 32,000 investors to disappear. Investors were cheated about $ 20,000 (about 126,000 yuan).
When the Modern Tech starts Pincoin's first token issuance, it has promised investors to provide fixed income. Subsequently, the company released another token IFAN (a social network tokens for celebrities). Picoin's investor initially received cash returns, and then the team provided Pincoin investors with ifan token as an investment return. At the end, Modern Tech suddenly disappeared collectively.
This is also the largest exit scam in the first token issuance field. Modern Tech was founded by 7 Vietnamese. After fraud from the public investor to funds, they seemed to have escaped Vietnam, and the deceived investors could only gather the company's headquarters to discuss.
It is reported that the real planner behind the project is a team composed of 7 Vietnamese. In order to encourage investors to participate in the first token issuance, they have held meetings in Hanoi, Ho Chi Minh City, and even remote areas.
In these meetings, investors were told that their initial investment in the initial investment could reach 48%, and all investment will be recovered after the investment in April. In addition, each introduction of a new member will get 8%commission as a return.