2018-7-30 18:50 |
The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29.
According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets.
Tam told investors to go to the company office in order to regain their capital, after which he would declare bankruptcy.
A reported 32,000 people lost money after company officials absconded, allegedly stealing as much as $660 million.
Earlier in July, the country’s central bank also voiced support for a ban on imports associated with cryptocurrency mining.
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