--- title: "Vietnam’s cryptocurrency trading platform ONUS halt cashout amid police activity" type: "News" locale: "en" url: "https://longbridge.com/en/news/280128868.md" description: "Vietnam’s cryptocurrency trading platform ONUS Pro has halted cash withdrawals amid police activity, causing login issues for many users since March 20. The platform, which has over seven million users and is owned by the U.S.-based Vemanti Group, reported significant service disruptions. HVA Group, a strategic investor, confirmed that money withdrawal activities are suspended due to confiscated devices for verification. Vietnam's cryptocurrency transactions are valued at approximately $220-230 billion, making it one of the largest markets in the Asia-Pacific region." datetime: "2026-03-23T08:48:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280128868.md) - [en](https://longbridge.com/en/news/280128868.md) - [zh-HK](https://longbridge.com/zh-HK/news/280128868.md) --- # Vietnam’s cryptocurrency trading platform ONUS halt cashout amid police activity Many users are unable to login into ONUS Pro, a digital asset exchange platform serving South East Asia with a focus on Vietnam, from the weekend. Starting March 20, the app showed message of errors in login to its user. Onus Pro, with over seven million users, is headquartered in Singapore and founded by Tran Quang Chien, a Vietnamese citizen, in 2020. Initially, the platform supplied VNDC stablecoin and later added trading functions. The United States-based Vemanti Group, which holds the full ownership of Onus Pro, said in a press release last Saturday that it experienced a significant service disruption affecting users’ ability to access their accounts and funds. As a parent holding company without direct access to the platform’s systems, Vemanti Group is unable to intervene directly on behalf of affected users. On Monday, Vietnam-based HVA Group, a strategic investor in Onus Pro, said its app cannot conduct money withdrawal activities as some devices are already confiscated by the authorities for verification. According to the United States-based blockchain analytics firm Chainalysis, the value of cryptocurrency transactions in Vietnam is estimated at $220-230 billion from July 2024 to June 2025, averaging more than $600 million per day. This figure places Vietnam among the three largest cryptocurrency markets in the Asia-Pacific region. > The four-year cycle is broken, what is next for Bitcoin? ### Related Stocks - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [VMNT.US](https://longbridge.com/en/quote/VMNT.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [STCE.US](https://longbridge.com/en/quote/STCE.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [EETH.US](https://longbridge.com/en/quote/EETH.US.md) - [MARA.US](https://longbridge.com/en/quote/MARA.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [HUT.US](https://longbridge.com/en/quote/HUT.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [IBLC.US](https://longbridge.com/en/quote/IBLC.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md) ## Related News & Research - [10:44 ETDas erweiterte Krypto-Angebot von Axi verzeichnet eine Portfolio-Akzeptanz von 46 % bei den Kunden](https://longbridge.com/en/news/283522079.md) - [Blockstream CEO Adam Back dismisses being Satoshi Nakamoto at LONGITUDE Paris as crypto leaders address regulatory concerns and industry expansion.](https://longbridge.com/en/news/283848329.md) - [10:49 ETLa gama mejorada de criptomonedas de Axi logra una adopción del 46% en las carteras de sus clientes](https://longbridge.com/en/news/283523008.md) - [FIO Protocol introduced 50+ year FIO domain registrations on April 20th](https://longbridge.com/en/news/283389067.md) - [Schwab launches direct crypto trading in coming weeks to 39 million customers](https://longbridge.com/en/news/283062434.md)