Vietnamese police seize $34M in assets from crypto fraud suspect

Vietnamese police have seized $34 million in assets from Nguyen Hoa Binh, the founder of local tech firm NextTech, in connection with a cryptocurrency fraud case, Tech in Asia reported. The seized assets include gold bars, real estate, and two vehicles. Binh was previously arrested in 2021 on charges of misappropriating funds from the sale of 33.2 billion cryptocurrency tokens to 30,000 investors.