PANews reported on May 29 that according to CoinDesk, Vietnamese woman Ngo Thi Theu was arrested in Thailand last Friday for suspected involvement in a $300 million cryptocurrency fraud. The 30-year-old Ngo Thi Theu is a key figure in the fraud network, which involves 35 supervisors and more than 1,000 employees, operating 44 call centers in Vietnam.

Police said the scammers lured 2,600 victims into investing in fake cryptocurrency and foreign exchange trading platforms by promising a 20%-30% monthly return. About 21.2% of Vietnam's population (100 million people) invest in cryptocurrencies, making it a high-risk area for fraud. Interpol has previously issued a red warrant for Ngo Thi Theu.