Samoan Central Bank Strikes Against Controversial ‘OneCoin’ Crypto Firm
Posted: Mon Apr 09, 2018 5:50 am
The Samoan central bank has become the latest institution to launch an investigation against OneCoin, a suspected cryptocurrency pyramid scheme based in Bulgaria.
“[OneCoin] is a snare that is used to catch people’s money,” said Maiava Atalina Ainu’u-Enari, governor of the Central Bank of Samora in a report by the Samoa Observer last week. Officials are in the process of investigating whether or not OneCoin has been successfully reeling in investors with false promises of outrageously high returns.
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The Observer also mentioned that ... (read more)