Good information! Since OneCoin is again on the information and “The Missing Cryptoqueen” already launched an eleventh episode, proving that they’re again for actual, we’re going to double down on our efforts. Starting at this time, we’ll summarize two episodes every week to meet up with the brand new developments in Dr. Ruja’s case. We hit the nail on the top on this one, and there’s nothing left to do however let the roulette roll and see the place the OneCoin story takes us.
In this episode, we study that OneCoin’s inner slogan was “the greatest company ever” and Jamie Bartlett travels to Sofia, Bulgaria, to take a look at Dr. Ruja’s properties. This episode is freed from mafia insinuations, it offers with the cultic facets of OneCoin’s entrepreneurial tradition as an alternative. We’re additionally in a position to put a quantity on how massive of a rip-off OneCoin actually was. SPOILER ALERT: It was at the very least €4B massive.
Remember, you may obtain episodes straight from the BBC, or hearken to “The Missing Cryptoqueen” by Apple, Spotify, or iVoox.
About OneCoin And “The Missing Cryptoqueen’s” Episode Three
The most fun factor about “The Missing Cryptoqueen” is the sense of immediacy it conveys. It’s a residing and respiratory podcast. The story was occurring throughout Jamie Bartlett and the crew. The OneCoin individuals react to “The Missing Cryptoqueen’s” creation and, by social media, assault the creators with every part they’ve. And the entire scene is a part of the podcast. And that is simply episode three. In the tip, they even ask for the viewers to name and tip them about Dr. Ruja’s whereabouts.
This episode begins with Konstantin Ignatov, Dr. Ruja’s youthful brother, private assistant, and inheritor to the OneCoin crown. He was arrested by the FBI and charged with cash laundering and fraud. The authorities had already declared OneCoin a fraud, even. Surprisingly, when Bartlett and the crew go to the OneCoin headquarters, they notice that the corporate remains to be “open for business.” People are nonetheless shopping for OneCoin even though one in all their leaders is on the run and the opposite was arrested.
That leads us to the cult-like facets of the operation. A religion-like perception justifies the disappearance of the leaders as a conspiracy to cease OneCoin. In the quote beneath, you’ll really feel the silence whereas studying the outline of the group’s workplaces. You’ll really feel the Dr. Ruja worship. It’s only one step away from faith and really close to a cult. Jamie Bartlett describes OneCoin as “less a cryptocurrency and more like a belief system.” An knowledgeable in that discipline corroborates the speculation.
BTC value chart for 10/20/2022 on Bitstamp | Source: BTC/USD on TradingView.com
The Devastation That They Caused
At one level we, as soon as once more, hearken to Dr. Ruja’s personal voice saying the crypto scammers’ slogan. “In two years, no one will talk about bitcoin.” If you ever hear that, run. In the second episode, we found out that OneCoin referred to as the critics “haters.” In this one, we study that the buyers and staff are instructed to stay away from them Scientology-style. Another stunning truth is that the second time period OneCoin makes use of probably the most to explain its critics is “bitcoiner.” Those pesky bitcoiners, all the time inflicting bother.
We study concerning the scale of the devastation that Dr. Ruja brought on by listening to concerning the OneCoin Victims Support Group. The victims are damaged, they’ve misplaced every part after which some. We additionally study concerning the scale of the rip-off by means of a report/ database that producer Georgia Catt obtained her arms on. From everywhere in the world, the group was getting €60M every week. From August 2014 to March 2017, OneCoin’s income was over €4B. Over €100M had been from the UK alone. And that’s the place the report stops, the group was nonetheless getting cash left and proper.
Quotes From “The Missing Cryptoqueen ’s” Episode Three – “More Than Just A Coin”
An nameless witness describing the OneCoin workplaces:
“At its peak, it was about 50 individuals working within the Sofia workplace. Ruja’s workplace is on the 4th flooring. You by no means noticed her with out the gypsy earrings, the robes, the jewellery, every part. Even when she’s simply working within the workplace. Inside the Sofia workplace, the crypto heart is the place members of the OneLife community are allowed to fulfill members of the Sofia employees who’re vital. If you might be out of favor, they received’t allow you to in, or they’ll maintain you sitting there the entire day, ready.
It’s arrange virtually like a cathedral. You don’t communicate out loud, you whisper to one another. It’s all set in darkish tones, every part is gilded. There was an enormous cardboard cutout of Ruja. You see individuals touching it and doing that silly OneCoin signal prefer it’s an icon. It’s gone now as a result of it will definitely fell aside as a result of too many individuals had been touching it. Dr. Ruja! Dr. Ruja! The largest insult that you would be able to give OneLife is to say: “that’s not Dr. Ruja’s vision.”
Bitcoin-enthusiast Timothy Curry, describing the cult of persona behind Dr. Ruja:
“There were many cultish things that the company did. The repetitive indoctrination. If you look at the top leaders, the way they dress, the way that they showed things off. Ceremonial things, almost like, especially on stage. Everything, from the musical introductions to Ruja, to the theatrics, they really did create a worship behind her.”
OneCoin Material And Episode Credits
Six years in the past, whereas OneCoin conquered the world, NewsBTC quoted the notorious Roger Ver talking on the case. Then often called a “bitcoin evangelist,” the controversial determine denounced OneCoin for what it’s:
“In a latest interview, the proprietor of Bitcoin.com says he believes OneCoin is a fraud, and that buyers ought to all the time be cautious of latest cash and browse up earlier than they put their cash in issues they don’t perceive:
“There is never a cryptocurrency without a wallet. This sounds like more evidence of its fraudulent nature. OneCoin isn’t traded on a single exchange anywhere in the world as far as I know.”
OneCoin has been round for over two years, however questions surrounding its authenticity proceed to plague the Internet.”
Say what you’ll about Roger Ver, however the man was proper on the cash on this one.
And lastly, the episode’s credit:
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story guide: 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-information-for-bbcs-the-lacking-cryptoqueen-podcast/
Ep. 02 – https://www.newsbtc.com/information/bitcoin/ep02-btc-killer-companion-information-for-bbcs-the-lacking-cryptoqueen-podcast/
Featured Image: The Missing Cryptoqueen podcast brand from the BBC | Charts by TradingView