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According to ChainCatcher, Hanoi police have seized assets worth $34 million belonging to Nguyen Hoa Binh, chairman of Vietnamese technology company NextTech, in connection with a cryptocurrency fraud case. The seized items include 597 gold bars, 18 property ownership certificates, and two vehicles. Binh and nine others face charges of fraudulent misappropriation of assets and accounting violations related to the AntEx cryptocurrency project. Police allege that in 2021, Binh and his associates raised funds for AntEx by selling 33.2 billion tokens to 30,000 investors, collecting a total equivalent to $4.5 million. Authorities stated that the funds were subsequently withdrawn, converted into local currency, and distributed among the group, with some funds transferred to companies associated with NextTech. Binh is also accused of instructing employees to conceal the income of the Nextland real estate company by keeping two sets of books. The investigation is ongoing, and police indicated that further charges may be filed.

Foresight News reported, according to Decrypt, that two MIT graduate Peraire-Bueno brothers stood trial in Manhattan federal court on October 15. They are accused of exploiting a vulnerability in the Ethereum blockchain in April 2023 to steal $25 million worth of cryptocurrency in just 12 seconds. Prosecutors have charged them with conspiracy, wire fraud, and money laundering, each carrying a maximum sentence of 20 years in prison. The defense insists that this was merely a strategic move in an unregulated crypto market, not a crime. The core dispute in the case is whether code alone can constitute fraud, and whether criminal intent can be proven without direct victim interaction. The trial is expected to continue until early November.