Techub News reports that Vietnamese police in the Da Nang area have arrested 5 suspects involved in operating a cryptocurrency scam ring, with an estimated amount of about 14 billion VND (approximately $53,280). The gang is said to be based in Cambodia, disguising itself as a trading platform similar to "Nasdaq," and creating numerous fake accounts through channels like Zalo and Telegram, impersonating investment experts to lure victims into depositing funds and falsely reporting profits. Police stated that after embezzlement, the funds were transferred through multiple bank accounts and ultimately exchanged for cryptocurrencies to conceal their origin.