Imagine it or not, the DealShaker marketplace remains to be working. The commerce arm of the OneCoin empire, DealShaker offered a transparent and verifiable use case for OneCoin as a foreign money. The token was actual since you might use it to purchase issues in a selected 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 really 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” individual. That’s how academics of the previous described Dr. Ruja, who was undoubtedly the star in all of her courses and was revered and hated for it. What else can Jamie and Georgia study Ruja Ignatova by tracing her steps? Let’s discover out.
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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 coming into the scene and so was Dr. Ruja, who purchased a manufacturing unit in Germany. Jamie and Georgia go to the positioning in 2019 and interview the survivors of that story. They inform them that Ruja Ignatova obtained 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 truth, each her father and her mom labored on the manufacturing unit. Which suggests Ruja Ignatova is a household girl.
When Dr. Ruja disappeared, the manufacturing unit workplaces have been damaged into and a variety of paperwork went lacking, alongside together with her. The manufacturing unit staff that the podcast interviewed all appear to assume that this was staged and that Dr. Ruja took and destroyed some essential paperwork. “It’s precisely the identical story,” one in every of them says evaluating OneCoin and DealShaker to the manufacturing unit in query. When issues obtained powerful, Ruja Ignatova offered the corporate and disappeared. The manufacturing unit stays closed to at the present time.
Within the subsequent part’s second quote, you’ll sense the magnitude of that first case in opposition to Dr. Ruja. She paid the tremendous and stored it pushing. And, based on the manufacturing unit staff, she discovered that the following time she was going to need to disappear for actual.
Quotes From “The Lacking Cryptoqueen,” EpisodeSix – “The Überflieger”
In what seems a diary entry, we be taught concerning the younger Ruja Ignatova:
“Ruja was all the time pleasant to everybody. She was all the time effectively 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 courses have been “p,” she was faultless, and every now and then she likes “ari.” Typically, she obtained on very effectively together with her colleagues. Cease. Possibly we must always keep on with the reality. Okay, tremendous. Possibly I did benefit 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 court docket 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 tremendous. 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 obtained a PHD. “She’s sensible,” Georgia says. Then, Multi-Degree Advertising and marketing 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 and marketing knowledgeable 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 might 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 every little thing in there may be garbage and challenges Jamie to seek out 5 issues he desires and will pay in OneCoin solely. Jamie goes by means of DealShaker and realizes the already shady characters that promote merchandise by means of the platform principally need Euros. Is DealShaker actually a OneCoin market?
On the finish of the episode, a personal detective that the manufacturing employed apparently discovered a girl that might be Ruja Ignatova in Athens. May it’s?
BTC worth chart for 11/03/2022 on Bitstamp | Supply: BTC/USD on TradingView.com
Additional Materials: OneCoin Responds To The FCA
Roughly six years in the past, the Monetary Conduct Authority of the UK issued a warning in opposition to OneCoin. The corporate responded and NewsBTC reported the story:
“Within the assertion, OneCoin has known as itself a worldwide software program and know-how firm with workplaces in Bulgaria, Hong Kong, and the United Arab Emirates. The corporate has additionally described OneCoin has a digital foreign money sharing few options with current 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’ll co-operate totally with the authorities in pursuit of this goal.”
Episode Credit
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story guide: 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 brand by BBC | Charts by TradingView
