May 25, 2026

Capitalizations Index – B ∞/21M

Vietnam Investigates Alleged $660 Million ICO Fraud of Pincoin, Ifan

News – CCN
Vietnam Investigates Alleged $660 Million ICO Fraud of Pincoin, Ifan

Vietnamese authorities have asked local ministries and the police to investigate two allegedly fraudulent initial coin offerings (ICOs) that conned 32,000 investors out of a staggering $660 million. The operators of the purported ‘cryptocurrency’ startups fundamentally conducted multi-level marketing schemes, local news outlet Tuoi Tre News reports, pointing the finger at Pincoin and Ifan that … Continued

The post Vietnam Investigates Alleged $660 Million ICO Fraud of Pincoin, Ifan appeared first on CCN

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Indian Politician Thinks Bitcoin Is a Ponzi Scheme

A recent statement made by one of the Indian politicians shows the lack of awareness about the digital currency among many. The politician in question is Kirit Somaiya, a Member of Parliament from the ruling party. He was reported calling bitcoin a “hypothetical currency” and a “Ponzi scheme”. bitcoin is one of the first and … Continue reading Indian Politician Thinks bitcoin Is a Ponzi Scheme

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