25 Feb 2020

A legal expert is calling for better public awareness of scams

From First Up, 5:44 am on 25 February 2020

A legal expert is calling for better public awareness of cryptocurrency scams after authorities decided not to investigate the OneCoin scheme. The Commerce Commission said it made enquiries about the multibillion-dollar cryptocurrency scheme last year but found it was no longer active. In New Zealand, investors in OneCoin say they've been scammed out of hundreds of thousands of dollars. Bell Gully special counsel Campbell Pentney told Mackenzie Smith investors will be disappointed with the result.