10 months ago

From accounts of the Vietnamese mining company Sky Mining $35 million has disappeared. According to the local VNExpress portal, the funds could be stolen by the company CEO Le Minh Tham, who disappeared without a trace about a week ago.

Before disappearing Tham wrote on Facebook that the profitability of his business fell along with the prices of cryptocurrency and asked investors to forgive “for everything”. He also invited them to the company’s office in Ho Chi Minh City to allegedly return the invested funds and officially declare bankruptcy. However, the arriving investors found that the office was closed, and 600 devices for cryptocurrency mining were exported to an unknown place.

Vice Chairman of Sky Mining Le Minh Hie suggests that there could escape to the United States. He also said that the company formed a council to help the affected investors and assess the damage caused.