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Vietnamese police arrested four suspects in Thanh Hoa Province for operating a cryptocurrency scam that defrauded over 200 victims of 4 billion VND ($157,300). Led by Tran Minh Quang, the group created a fraudulent cryptocurrency mining platform called BitMiner, falsely presenting themselves as a Dubai-based company. They sold fake mining software and educational materials, diverting funds to their wallets instead of legitimate mining operations. This arrest is part of a broader crackdown on digital asset fraud in Vietnam, which recently exposed another scam involving the Quantum Financial System coin, defrauding over 400 individuals and 100 businesses of $1.17 million.