During a recent press conference held by the Ministry of Public Security, Colonel Nguyễn Đức Long, Deputy Director of Hanoi Police Department, confirmed that authorities are investigating a complaint against Mr. Nguyễn Hòa Bình (Shark Bình) and the AntEx cryptocurrency project. Following public concerns, the Hanoi Police Investigation Agency directed specialized units to gather evidence, verify information, and clarify any potential violations. Initially, the agency received a report from an individual claiming a loss of approximately $2,000.
On October 6, police officers visited the headquarters of NextTech Group at 18 Tam Trinh Street, spending approximately four hours on-site and leaving with several boxes of documents. The following day, Mr. Nguyễn Hòa Bình, Chairman of NextTech Group and widely known as Shark Bình, was summoned for questioning regarding the allegations.
Born in 1981, Mr. Bình is the founder and chairman of NextTech Group, gaining widespread recognition through the Vietnamese version of Shark Tank. NextTech originated in 2001 as PeaceSoft, a software solutions company, with an initial capital of just 2 million VND. By February 2013, the company rebranded as NextTech Group.
Shark Bình in his early entrepreneurial days.
By June 2020, Mr. Bình held 70% of the company’s shares and served as Chairman of the Members’ Council. His ex-wife, Ms. Đào Lan Hương, previously held 30% but withdrew her investment entirely in 2020. Mr. Nguyễn Huy Hoàng, sharing the same residential address as Mr. Bình, became a new shareholder. In late 2020, NextTech increased its charter capital from 100 billion VND to 500 billion VND, with Mr. Bình owning 70%, Mr. Hoàng 10%, and Mr. Đào Minh Phú 20%. By December 2022, Mr. Phú was appointed Chairman of the Board and CEO.
However, by October 2023, the company’s charter capital plummeted to 4.2 billion VND. The shareholder structure now includes Mr. Bình (70%), Mr. Hoàng (29.5%), and a new investor, Phúc An Hải Investment Company (0.5%). Similarly, Ngân Lượng Payment Gateway, part of Mr. Bình’s ecosystem, drastically reduced its charter capital from nearly 370 billion VND to just 52 billion VND in early 2024.
Amid public scrutiny, on October 8, Vimo Technology Company, a member of the NextTech ecosystem, issued a statement clarifying that AntEx is Mr. Bình’s personal investment project and not affiliated with Vimo’s operations. The company emphasized that Mr. Bình is not involved in its management, and all current activities are overseen by Mr. Đỗ Công Diễn, the legal representative. Services such as mPOS, TingBox, and Vimo continue to operate normally, unaffected by the developments surrounding Mr. Bình or AntEx.
Police Remove Sealed Boxes from Building Housing Shark Binh’s Company Headquarters
After more than a day of operations at the building housing the headquarters of Mr. Nguyen Hoa Binh (also known as Shark Binh), police sealed and transported numerous boxes into vehicles, departing the premises on the evening of October 7th.
Revisiting the AntEx Crypto Project Controversy and Shark Bình’s Statements
In 2021, Shark Bình announced a $2.5 million investment in the AntEx project through the Next100Blockchain fund, while also serving as a strategic advisor. Currently, law enforcement authorities have received and are processing a complaint related to Shark Bình and this cryptocurrency project.
Today’s Crypto Market Update: Shark Bình Faces Bad News Post-Livestream
Experts predict that if Bitcoin surpasses the $125,000 threshold, its price could potentially climb to around $145,000 by the end of this year.
Working with Shark Bình: Police Presence at the Company
Amidst recent controversies, Shark Bình was summoned for clarification, while a notable police presence was observed at the headquarters of the entrepreneur’s company.
Today’s Crypto Market Update (Oct 7-10): Latest Insights from Shark Bình
According to experts, if Bitcoin surpasses $125,000, its price could potentially target the $127,000–$128,500 range in the near term.
