The scheme has been running since 2018. Over eight years, it has swindled away more than $200 million, and more than 2,000 people have filed reports. Only now has it been put on record and charges have been filed for prosecution—cross-border asset recovery is no small challenge, and victims hoping to get their money back may have to wait even longer.

According to a report by the Vietnam Law Newspaper, the Vietnamese Ministry of Public Security has disclosed the progress of the ONUS digital currency case. The Security Investigation Bureau (A09) of the Vietnamese Ministry of Public Security stated that the police filed the case on March 23, 2026, and prosecuted eight defendants on charges including using computer networks, telecommunications networks, or electronic means to commit property appropriation and money laundering. The police said that since 2018, the suspects have used digital currencies and multiple "ecosystem companies" to create circular transactions, attracting individual investments, and the total amount of electronic currency sold to investors exceeded 700 billion Vietnamese dong (approximately 26.8 million USD). The police have received more than 2,000 reports, initially seized over 350 kilograms of gold and silver, and blocked eight real estate transactions worth 200 billion Vietnamese dong (approximately 7.7 million USD).