Consider it or not, the DealShaker marketplace continues to be working. The commerce arm of the OneCoin empire, DealShaker supplied a transparent and verifiable use case for OneCoin as a foreign money. The token was actual since you may use it to purchase issues in a particular e-commerce retailer. Oh, these have been the times. The best factor about exploring OneCoin and Dr. Ruja’s story is that it displays how naive the crypto world truly was just some years in the past. In some ways, it nonetheless is.
In “The Lacking Cryptoqueen’s” sixth episode, we journey to the previous. It’s titled “The Überflieger” referring to a “high-flying” particular person. That’s how academics of the previous described Dr. Ruja, who was undoubtedly the star in all of her lessons and was revered and hated for it. What else can Jamie and Georgia find out about Ruja Ignatova by tracing her steps? Let’s discover out.
About “The Lacking Cryptoqueen,” Episode Six – “The Überflieger”
Our blast from the previous episode begins in 2009, 5 years earlier than OneCoin and DealShaker. Bitcoin was getting into the scene and so was Dr. Ruja, who purchased a manufacturing facility in Germany. Jamie and Georgia go to the positioning in 2019 and interview the survivors of that story. They inform them that Ruja Ignatova acquired there, impressed all people, and made a variety of guarantees that she didn’t preserve. After that, she disappeared, successfully rug-pulling all people. Fascinating reality, each her father and her mom labored on the manufacturing facility. Which suggests Ruja Ignatova is a household girl.
When Dr. Ruja disappeared, the manufacturing facility places of work have been damaged into and a variety of paperwork went lacking, alongside along with her. The manufacturing facility staff that the podcast interviewed all appear to suppose that this was staged and that Dr. Ruja took and destroyed some vital paperwork. “It’s precisely the identical story,” considered one of them says evaluating OneCoin and DealShaker to the manufacturing facility in query. When issues acquired powerful, Ruja Ignatova bought the corporate and disappeared. The manufacturing facility stays closed to today.
Within the subsequent part’s second quote, you’ll sense the magnitude of that first case towards Dr. Ruja. She paid the effective and stored it pushing. And, based on the manufacturing facility staff, she discovered that the subsequent time she was going to must disappear for actual.
Quotes From “The Lacking Cryptoqueen,” EpisodeSix – “The Überflieger”
In what seems a diary entry, we be taught in regards to the younger Ruja Ignatova:
“Ruja was all the time pleasant to everybody. She was all the time nicely behaved and cheerful, and the academics have been deeply keen on her. She doesn’t drink and he or she would by no means degrade herself to consuming pizza. Her favourite lessons have been “p,” she was faultless, and every now and then she likes “ari.” Usually, she acquired on very nicely along with her colleagues. Cease. Possibly we should always follow the reality. Okay, effective. Possibly I did get pleasure from tormenting some college students. I used to be all the time in search of the prospect to unfold new amusing tales about them.”
This quote summarizes the implications of Ruja’s first fraud:
“This time, the legislation caught up with Dr. Ruja. In 2016, she was convicted in a German courtroom for a number of crimes. Intentional breach of obligation within the occasion of insolvency, fraud, withholding an embezzlement of workers’ wages, and violation of accounting duties, She acquired a 14-month suspended sentence and an €18,000 effective. The native newspaper reported that Ruja reappeared to attend the ruling and confirmed no emotion when the judgment was handed down. She quietly slipped out and returned to Bulgaria, and carried on with OneCoin as if nothing had occurred.”
Extra About Dr. Ruja’s Previous
Later within the episode, Jamie and Georgia affirm that Ruja actually acquired a PHD. “She’s sensible,” Georgia says. Then, Multi-Degree Advertising makes a second look. We be taught that in 2014, Ruja Ignatova tried to promote… look forward to it… bitcoin utilizing MLM methods. The producers introduce Sebastian Greenwood, a Multi-Degree Advertising skilled that appears to have created the Dr. Ruja character with Ignatova. She had the charisma, he had the method. They only wanted a product they may management.
Final however not least, we meet Duncan. He as soon as was an integral a part of the OneLife group and it’s the thoughts behind DealShaker. He says all the pieces in there may be garbage and challenges Jamie to seek out 5 issues he needs and will pay in OneCoin solely. Jamie goes by way of DealShaker and realizes the already shady characters that promote merchandise by way of the platform largely need Euros. Is DealShaker actually a OneCoin market?
On the finish of the episode, a non-public detective that the manufacturing employed apparently discovered a woman that might be Ruja Ignatova in Athens. May or not it’s?
BTC worth chart for 11/03/2022 on Bitstamp | Supply: BTC/USD on TradingView.com
Further Materials: OneCoin Responds To The FCA
Roughly six years in the past, the Monetary Conduct Authority of the UK issued a warning towards OneCoin. The corporate responded and NewsBTC reported the story:
“Within the assertion, OneCoin has known as itself a world software program and know-how firm with places of work in Bulgaria, Hong Kong, and the United Arab Emirates. The corporate has additionally described OneCoin has a digital foreign money sharing few options with present cryptocurrencies. These similarities are confined to the upkeep of all transaction data on a database.
The digital foreign money firm, within the final paragraph of the assertion, expresses its full cooperation,
“OneCoin is dedicated to following good enterprise practices and the related guidelines and laws within the international locations wherein it operates. It should co-operate absolutely with the authorities in pursuit of this goal.”
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story advisor: Chris Berube
Editor: Philip Sellars
Authentic music and sound design: Phil Channell
Authentic music and vocals: Dessislava Stefanova and the London Bulgarian Choir
Earlier Companion Guides For BBC’s “The Lacking Cryptoqueen” Podcast:
Featured Picture: The Lacking Cryptoqueen emblem by BBC | Charts by TradingView