New Zealand government says no investigation into OneCoin scam, locals say disappointed

OneCoin has attracted investors from all over the world by promoting its education services and quick-to-rich programs, and governments in some countries have labeled it fraudulent. But in New Zealand, no direct investigation into this cryptocurrency scam has been launched. A spokesman for the European Business Council said the decision not to conduct an investigation was "clearly that the plan is no longer operating in New Zealand, and it is unlikely that any compensation will be sought from participants in the plan." Multi-billion dollar cryptocurrency scheme scam New Zealanders expressed disappointment.