PANews May 28 news, according to the announcement on the official website of the Ministry of Public Security of Vietnam, the police in Dong Nai Province, in cooperation with police from multiple regions, have cracked a cryptocurrency scam case called Matrix Chain, involving an amount of 394.2 million USDT (approximately nearly 100 trillion Vietnamese dong), and a total of 5 main suspects have been arrested. This gang is suspected of establishing a virtual currency platform 'Matrix Chain (MTC)' to carry out large-scale fraud. Since 2023, this gang has lured over 138,000 accounts to invest through a multi-level pyramid scheme and false promises, transferring funds through SafePal wallets, illegally profiting and purchasing multiple properties. The main perpetrator Nguyen Quoc Hung reportedly spent $20,000 to commission anonymous developers to build the platform and manipulated 100 million MTC tokens to control the coin price for fraudulent activities.