Encrypted currency company OneCoin denies that it is illegal in Samoa

OneCoin, a cryptocurrency company that was investigated by the Samoan authorities for alleged money laundering, recently denied that it was illegal in the country. OneCoin allegedly remitted millions of dollars through New Zealand to Samoa, which strictly prohibits the use of cryptocurrencies. The Central Bank of Samoa announced an investigation into OneCoin after receiving a report from the New Zealand police. In the latest e-mail, OneCoin said the company has no business activities in Samoa and New Zealand. The so-called marketing partners (IMAs) that are able to deliver their products to investors are actually self-operating contractors.