The crypto scams in Vietnam are very diverse and sophisticated, below are some specific cases ¹ ² ³:

- In September 2025, the Police of Bac Kan City prosecuted 13 defendants for using high technology to commit fraud and appropriating property. These individuals lured players to participate in an exchange to predict the rise and fall of the USDT.

- In September 2025, a woman born in 1974 in Nam Tu Liem participated in the Bitforex exchange and was appropriated 2.3 billion VND.

- The MetaHub Finance project shows signs of fraud and is a multi-level model.

- The police of Ha Tinh province arrested 56 individuals using the territory of Cambodia and the Philippines to commit fraud through cryptocurrency investment in Bitcoin.

- The Hanoi police arrested Phó Đức Nam (Mr. Pips) for fraudulently establishing stock exchanges and international financial markets, appropriating 10,000 billion VND.

- The Dong Nai police arrested 04 individuals for fraud through “virtual money” investment, appropriating more than 200 victims, with a total amount of 04 billion VND.

- The Da Nang police arrested 01 individual who is a Chinese leader, along with 05 Vietnamese individuals, committing fraud through an investment app and a dating app, appropriating 1,800 billion VND.