2026-01-18 09:26:18

A recent cryptocurrency scam case has attracted attention. On January 18th (UTC+8), the police in Da Nang, Vietnam, busted a transnational scam ring, arresting a total of 5 suspects.

The operation methods of this gang are quite old-fashioned. They established a scam base in Cambodia and set up a fake stock trading platform to deceive investors. Starting from early 2024, the main suspect Nguyen Van Chung traveled to Cambodia and partnered with a Chinese national named A Long to organize the scam activities.

How do they lure victims? They posted false trading information on two communication apps, Zalo and Telegram, to attract victims to invest. Once the money was in, they transferred it through multiple bank accounts layer by layer, eventually converting the funds into cryptocurrency to hide the flow of money. This "money laundering" method is quite common.

Currently, the police have made significant gains. They have confiscated a USB containing scam scripts, multiple mobile phones, laptops, and over 5.2 billion VND in cash. The total amount involved in the case reaches 14 billion VND, approximately $53,280 USD. The case is still under further investigation.

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StakeTillRetire

· 7h ago

Same old tricks... The old routines in the crypto world, it’s really time for a crackdown. --- Cambodian scam bases? Still playing these tricks, wake up everyone. --- Fake transaction information on Telegram is overwhelming, not paying attention easily leads to falling into traps. --- Layered transfers then converted into cryptocurrencies, I’ve seen this trick too many times. Police officers, keep going. --- $530,000 USD isn’t a big scale, it feels like many scam groups are much more ruthless. --- Five more arrested, but there are probably a bunch of such groups still operating behind the scenes... --- Zalo and Telegram are flooded with this trash every day, really speechless.

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RugResistant

· 7h ago

honestly this is textbook layering technique... fake platforms + messaging apps + multi-account shuffling into crypto. nothing groundbreaking here but at least they got caught. the USB with scripts is the giveaway tho - always leave traces. 53k usd seems small for the operation scale, probably more assets still hidden somewhere

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FreeMinter

· 7h ago

It's the same old story in Cambodia; this approach needs to be changed. --- Really, transferring through multiple layers then converting to crypto? That's so outdated. --- Seizing 5.2 billion VND, this gang is quite ruthless. --- Still using Zalo and Telegram to send scam messages, aren't they afraid of being screenshot? --- Chinese and Vietnamese gangs collaborating in scams, a cross-border team, right? --- Counterfeit exchanges are indeed easy to lure beginners into the market. --- The case worth $530,000 feels like scam gangs are getting smaller these days? --- The key is whether the police can trace the wallet in that crypto money laundering ring. --- Cambodia is now a paradise for these gangs, isn't it? --- So many projects are using Telegram groups; how can you tell real from fake?

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AirdropNinja

· 7h ago

Another Cambodian scam gang, this routine is really worn out --- Bank accounts are transferred layer by layer before converting to cryptocurrency. They really think they are financial geniuses --- 520 million VND in cash seized, these people are really daring --- Sending false information via Zalo and Telegram, who the hell would believe it... they must be really clueless --- 14 billion VND is only about 530,000 USD? Feels like the case value is a bit inflated --- Cambodia has truly become a scam paradise. How many years has it been --- The key is how the victims are handled on their side. How much can be recovered is the real issue

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Lonely_Validator

· 7h ago

Cambodia is in trouble again, who doesn't know this trick? --- Telegram + Zalo create fake schemes, an old but effective tactic --- Money laundering into crypto, they play this game every time --- 52 billion VND in cash, how do they hide so much? Police still have their ways --- Cross-border scam operations, no wonder it's so rampant --- Fake trading platforms with such a basic trick, some people still fall for it. Come on --- Layered transfers followed by currency exchange, thinking they can evade investigation? Overthinking

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MemecoinTrader

· 7h ago

tbh the social sentiment architecture they're running is actually peak psychology warfare... classic multi-layer narrative cascade that would make any psyops playbook jealous. telegram + zalo combo? they understand viral coefficient optimization fr

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