Hanoi Police Bust Crypto Scam: $1M Saved and 300 Victims Protected 🚔💰

Vietnamese police stepped up as superheroes, shutting down Million Smiles, a company that ironically brought no smiles to anyone. The scammers were promoting the fake token QFS, promising access to a "magical" financial ecosystem.

What happened?

$1.17M saved and 300 people protected from falling into the scam.

Police raided offices, seized computers, and exposed the token as a fraud.

Who got scammed?

100 businesses and 400 individuals had already fallen for the scheme, investing up to $1,350 each.

The takeaway: Don’t trust tokens that promise spiritual enlightenment and no-collateral loans. Vietnam isn’t a safe haven for crypto scammers.

Bottom line: stick to blockchain strategies, not fairy tales about "million-dollar smiles."