Imagine it or not, the DealShaker marketplace continues to be working. The commerce arm of the OneCoin empire, DealShaker offered a transparent and verifiable use case for OneCoin as a forex. The token was actual since you may use it to purchase issues in a particular e-commerce retailer. Oh, these had 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 only a few 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 lecturers 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.
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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 location in 2019 and interview the survivors of that story. They inform them that Ruja Ignatova received there, impressed everyone, and made loads of guarantees that she didn’t maintain. After that, she disappeared, successfully rug-pulling everyone. Attention-grabbing reality, 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 had been damaged into and loads of paperwork went lacking, alongside together with her. The manufacturing unit employees that the podcast interviewed all appear to suppose that this was staged and that Dr. Ruja took and destroyed some necessary paperwork. “It’s precisely the identical story,” considered one of them says evaluating OneCoin and DealShaker to the manufacturing unit in query. When issues received robust, Ruja Ignatova offered the corporate and disappeared. The manufacturing unit stays closed to this present day.
Within the subsequent part’s second quote, you’ll sense the magnitude of that first case in opposition to Dr. Ruja. She paid the positive and stored it pushing. And, in line with the manufacturing unit employees, she realized that the following time she was going to should 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 nicely behaved and cheerful, and the lecturers had 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 had been “p,” she was faultless, and at times she likes “ari.” Usually, she received on very nicely together with her colleagues. Cease. Perhaps we must always persist with the reality. Okay, positive. Perhaps I did benefit from tormenting some college students. I used to be all the time in search of the possibility 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 responsibility within the occasion of insolvency, fraud, withholding an embezzlement of staff’ wages, and violation of accounting duties, She obtained a 14-month suspended sentence and an €18,000 positive. 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 verify that Ruja actually received a PHD. “She’s sensible,” Georgia says. Then, Multi-Stage Advertising makes a second look. We be taught that in 2014, Ruja Ignatova tried to promote… look ahead to it… bitcoin utilizing MLM strategies. The producers introduce Sebastian Greenwood, a Multi-Stage Advertising skilled that appears to have created the Dr. Ruja character with Ignatova. She had the charisma, he had the method. They simply 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 every little thing in there’s garbage and challenges Jamie to search out 5 issues he needs and pays 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 personal detective that the manufacturing employed apparently discovered a woman that could possibly be Ruja Ignatova in Athens. Might 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 world software program and expertise firm with workplaces in Bulgaria, Hong Kong, and the United Arab Emirates. The corporate has additionally described OneCoin has a digital forex sharing few options with present cryptocurrencies. These similarities are confined to the upkeep of all transaction data on a database.
The digital forex 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 rules within the nations by which it operates. It can co-operate absolutely with the authorities in pursuit of this goal.”
Episode Credit
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story advisor: Chris Berube
Editor: Philip Sellars
Unique music and sound design: Phil Channell
Unique music and vocals: Dessislava Stefanova and the London Bulgarian Choir
Earlier Companion Guides For BBC’s “The Lacking Cryptoqueen” Podcast:
Ep. 01 – https://www.newsbtc.com/information/bitcoin/ep01-dr-ruja-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 02 – https://www.newsbtc.com/information/bitcoin/ep02-btc-killer-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 03 – https://www.newsbtc.com/altcoin/ep03-onecoin-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 04 – https://www.newsbtc.com/scams-and-fraud/ep04-onelife-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 05 – https://www.newsbtc.com/scams-and-fraud/ep05-mlm-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Featured Picture: The Lacking Cryptoqueen emblem by BBC | Charts by TradingView