Imagine it or not, the DealShaker marketplace 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 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 lecturers 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 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 obtained there, impressed everyone, and made a number of guarantees that she didn’t maintain. After that, she disappeared, successfully rug-pulling everyone. Fascinating 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 have been damaged into and a number of paperwork went lacking, alongside together with her. The manufacturing unit employees that the podcast interviewed all appear to assume that this was staged and that Dr. Ruja took and destroyed some vital 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 bought 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 superb and stored it pushing. And, in line with the manufacturing unit employees, she realized 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 in regards to the younger Ruja Ignatova:
“Ruja was at all times pleasant to everybody. She was at all times effectively behaved and cheerful, and the lecturers 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 stick with the reality. Okay, superb. Possibly I did have the benefit of tormenting some college students. I used to be at all times searching for the prospect to unfold new amusing tales about them.”
This quote summarizes the results 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 workers’ wages, and violation of accounting duties, She acquired a 14-month suspended sentence and an €18,000 superb. 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-Stage 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-Stage Advertising and marketing professional 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 all the things in there’s garbage and challenges Jamie to search 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 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 may very well be Ruja Ignatova in Athens. May 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 in opposition to OneCoin. The corporate responded and NewsBTC reported the story:
“Within the assertion, OneCoin has referred to 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 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 by which it operates. It can 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 emblem by BBC | Charts by TradingView
