Believe it or not, the DealShaker market remains 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 might 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 really was just some years in the past. In some ways, it nonetheless is.
In “The Missing 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 positively 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.
Remember, you’ll be able to obtain episodes straight from the BBC, or hearken to “The Missing Cryptoqueen” by Apple, Spotify, or iVoox.
About “The Missing 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 location in 2019 and interview the survivors of that story. They inform them that Ruja Ignatova acquired there, impressed everyone, and made a number of guarantees that she didn’t preserve. After that, she disappeared, successfully rug-pulling everyone. Interesting 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 workplaces had been damaged into and a number of paperwork went lacking, alongside together with her. The manufacturing facility staff that the podcast interviewed all appear to assume that this was staged and that Dr. Ruja took and destroyed some necessary paperwork. “It’s precisely the identical story,” one in all 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 at the present time.
In the subsequent part’s second quote, you’ll sense the magnitude of that first case towards Dr. Ruja. She paid the advantageous and stored it pushing. And, in keeping with the manufacturing facility staff, she realized that the subsequent time she was going to should disappear for actual.
Quotes From “The Missing 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 had been deeply keen on her. She doesn’t drink and she or he would by no means degrade herself to consuming pizza. Her favourite courses had been “p,” she was faultless, and from time to time she likes “ari.” Generally, she acquired on very nicely together with her colleagues. Stop. Maybe we should always persist with the reality. Okay, advantageous. Maybe I did get pleasure from tormenting some college students. I used to be all the time on the lookout for the possibility to unfold new amusing tales about them.”
This quote summarizes the implications of Ruja’s first fraud:
“This time, the regulation 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 acquired a 14-month suspended sentence and an €18,000 advantageous. 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.”
More About Dr. Ruja’s Past
Later within the episode, Jamie and Georgia verify that Ruja actually acquired a PHD. “She’s sensible,” Georgia says. Then, Multi-Level Marketing 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-Level Marketing knowledgeable that appears to have created the Dr. Ruja character with Ignatova. She had the charisma, he had the approach. They simply wanted a product they might management.
Last 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 the whole lot in there may be garbage and challenges Jamie to search out 5 issues he needs and pays in OneCoin solely. Jamie goes by DealShaker and realizes the already shady characters that promote merchandise by the platform largely need Euros. Is DealShaker actually a OneCoin market?
At the tip of the episode, a non-public detective that the manufacturing employed apparently discovered a woman that may very well be Ruja Ignatova in Athens. Could it’s?
BTC worth chart for 11/03/2022 on Bitstamp | Source: BTC/USD on TradingView.com
Extra Material: OneCoin Responds To The FCA
Approximately six years in the past, the Financial Conduct Authority of the United Kingdom issued a warning towards OneCoin. The firm responded and NewsBTC reported the story:
“In the assertion, OneCoin has known as itself a worldwide software program and expertise firm with workplaces in Bulgaria, Hong Kong, and the United Arab Emirates. The firm 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 information 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 rules within the nations wherein it operates. It will co-operate absolutely with the authorities in pursuit of this goal.”
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story marketing consultant: Chris Berube
Editor: Philip Sellars
Original music and sound design: Phil Channell
Original music and vocals: Dessislava Stefanova and the London Bulgarian Choir
Previous Companion Guides For BBC’s “The Missing 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 Image: The Missing Cryptoqueen emblem by BBC | Charts by TradingView