Investors report AntEx crypto project to police, alleging irregularities

Several investors in the AntEx cryptocurrency project, which was linked to Nguyen Hoa Binh, chairman of NextTech Group and popularly known as “Shark Binh”, have filed accusation reports with the Hanoi Police, according to local media.

Authorities have received the complaints and are currently working with the investors to verify and clarify the accusations, Tien Phong (Vanguard) newspaper quoted a source as saying.

Social media has recently been abuzz with discussions surrounding the AntEx cryptocurrency project, which has been linked to “Shark Binh.” The issue has quickly drawn significant public attention.

In response to public speculation, Binh stated that he himself was a victim, being only as an investor and capital contributor in the project.

The AntEx token project, launched in September 2021, was introduced as a “Make in Vietnam” blockchain ecosystem aiming to build a decentralized exchange, e-wallet, and a range of digital finance applications.

However, shortly after its debut, the AntEx cryptocurrency’s value plummeted, losing nearly all of its worth and causing heavy financial losses for many investors.

Notably, the project received investment from NextTech/Next100, the venture capital fund founded by Nguyen Hoa Binh (Shark Binh).