An Alleged $660 Million ICO Scam Sparked a Protest In Vietnam

According to Reuters, dozens of people gathered outside the offices of Modern Tech JSC alleging “the largest ever cryptocurrency fraud involving 15 trillion dong,” which works out to more than $650 million USD. According to local news outlet Tuoi Tre News, the protesters allege that Modern Tech defrauded more than 30,000 investors by encouraging them to invest in digital tokens—called IFan and Pincoin—with the promise of regular payouts in real money.

Source: vice.com