The Vietnamese cryptocurrency business plan for Pincoin was one of the most appealing to investors.
It was created behind an ICO investment scheme and is supported by the cryptocurrency business Modern Tech. It made it possible for about 32k people to contribute close to $660 million.
Earlier, the initial cash payments to investors began. Then, all of a sudden, Pincoin began to distribute profits in iFans tokens, another social network token introduced by the same company.
The crew left their offices after raising over $660 million, and as of right now, only social media accounts are active. Even their website ceased working and is currently unavailable.