{"id":10214,"date":"2022-10-20T13:52:42","date_gmt":"2022-10-20T17:52:42","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=10214"},"modified":"2022-10-20T13:52:42","modified_gmt":"2022-10-20T17:52:42","slug":"ep03-onecoin-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2022\/10\/20\/ep03-onecoin-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast\/","title":{"rendered":"Ep03- OneCoin \u2013 Companion Guide For BBC\u2019s \u201cThe Missing Cryptoqueen\u201d Podcast"},"content":{"rendered":"

Good news! Since OneCoin is back on the news<\/a> and \u201cThe Missing Cryptoqueen\u201d already released an 11th episode, proving that they\u2019re back for real, we\u2019re going to hit the accelerator. Starting today, we\u2019ll summarize two episodes a week to catch up with the new developments in Dr. Ruja\u2019s case. We hit the nail on the head on this one, and there\u2019s nothing left to do but put the pedal to the metal and see where the OneCoin story takes us.<\/p>\n

In this episode, we learn that OneCoin\u2019s internal slogan was \u201cthe greatest company ever\u201d and Jamie Bartlett travels to Sofia, Bulgaria, to look at Dr. Ruja\u2019s properties. This episode is free of mafia insinuations. It deals with the cultic aspects of OneCoin\u2019s entrepreneurial culture instead. We\u2019re also able to put a number on how big of a scam OneCoin really was. SPOILER ALERT: It was at least $4B big.<\/p>\n

Remember, you can download episodes directly from the BBC<\/a>, or listen to \u201cThe Missing Cryptoqueen\u201d through Apple<\/a>, Spotify<\/a>, or iVoox<\/a>.<\/p>\n

About OneCoin And \u201cThe Missing Cryptoqueen \u2019s\u201d Episode Three<\/p>\n

The most exciting thing about \u201cThe Missing Cryptoqueen\u201d podcast is the sense of immediacy it conveys. It\u2019s a living and breathing podcast. The story was happening all around Jamie Bartlett and the team. The OneCoin people react to \u201cThe Missing Cryptoqueen\u2019s\u201d creation and, through social media, attack the creators with everything they have. And the whole scene is part of the podcast. And this is just episode three. In the end, they even ask for the audience to call and tip them about Dr. Ruja\u2019s whereabouts or the OneCoin story.<\/p>\n

This episode starts with Konstantin Ignatov, Dr. Ruja\u2019s younger brother, personal assistant, and heir to the OneCoin crown. He was arrested by the FBI and charged with money laundering and fraud. The authorities had already declared OneCoin a fraud, even. Surprisingly, when Bartlett and the team visit the OneCoin headquarters, they realize that the company is still \u201copen for business.\u201d People are still buying OneCoin despite the fact that one of their leaders is on the run and the other was arrested.<\/p>\n

That leads us to the cult-like aspects of the operation. A faith-like belief justifies the disappearance of the leaders as a conspiracy to stop OneCoin. In the quote below, you will feel the silence while reading the description of the organization\u2019s offices. You\u2019ll feel the Dr. Ruja worship. It\u2019s just one step away from religion and very near a cult. An expert in that field corroborates the hypothesis. Jamie Bartlett describes OneCoin as \u201cless a cryptocurrency and more like a belief system.\u201d<\/p>\n\n

BTC price chart for 10\/20\/2022 on Bitstamp | Source: BTC\/USD on TradingView.com<\/a>
\nThe Devastation That They Caused<\/p>\n

At one point we, once again, listen to Dr. Ruja\u2019s own voice saying the crypto-scammer\u2019s slogan. \u201cIn two years no one will talk about bitcoin.\u201d If you ever hear that, run. In the second episode<\/a>, we figured out that OneCoin called the critics \u201chaters.\u201d In this one, we learn that the investors and employees are instructed to keep away from them Scientology-style. Another surprising fact is that the second term OneCoin uses the most to describe its critics is \u201cbitcoiner.\u201d Those pesky bitcoiners, always causing trouble.<\/p>\n

We learn about the scale of the devastation that Dr. Ruja caused by hearing about the OneCoin Victims Support Group. The victims are broken, they\u2019ve lost everything and then some. We also learn about the scale of the scam by way of a report\/ database that producer Georgia Catt got her hands on. From all over the world, the organization was getting \u20ac60M a week. From August 2014 to March 2017, OneCoin\u2019s revenue was over \u20ac4B. Over \u20ac100M were from the UK alone. And that\u2019s where the report stopped, the organization was still making money left and right.<\/p>\n

Quotes From \u201cThe Missing Cryptoqueen \u2019s\u201d Episode Three \u2013 \u201cMore Than Just A Coin\u201d<\/p>\n

An anonymous witness describing the OneCoin offices:\u00a0<\/p>\n

\u201cAt its peak, it was about 50 people working in the Sofia office. Ruja\u2019s office is on the 4th floor. You never saw her without the gypsy earrings, the gowns, the jewelry, everything. Even when she\u2019s just working in the office. Inside the Sofia office, the crypto center is where members of the OneLife network are allowed to meet members of the Sofia staff who are important. If you are out of favor, they won\u2019t let you in, or they\u2019ll keep you sitting there the whole day, waiting.\u00a0<\/p>\n

It\u2019s set up almost like a cathedral. You don\u2019t speak out loud, you whisper to each other. It\u2019s all set in dark tones, everything is gilded. There was a big cardboard cutout of Ruja. You see people touching it and doing that stupid OneCoin sign like it\u2019s an icon. It\u2019s gone now because it eventually fell apart because too many people were touching it. Dr. Ruja! Dr. Ruja! The biggest insult that you can give OneLife is to say: \u201cthat\u2019s not Dr. Ruja\u2019s vision.\u201d<\/p>\n

Bitcoin-enthusiast Timothy Curry, describing the cult of personality behind Dr. Ruja:<\/p>\n

\u201cThere 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.\u201d<\/p>\n

OneCoin Material And Episode Credits<\/p>\n

Six years ago, while OneCoin conquered the world, NewsBTC quoted the infamous Roger Ver<\/a> speaking on the case. Then known as a \u201cbitcoin evangelist,\u201d the controversial figure denounced OneCoin for what it is:\u00a0<\/p>\n

\u201cIn a recent interview, the owner of Bitcoin.com says he believes OneCoin is a fraud, and that investors should always be wary of new coins and read up before they put their money in things they don\u2019t understand:<\/p>\n

\u201cThere is never a cryptocurrency without a wallet. This sounds like more evidence of its fraudulent nature. OneCoin isn\u2019t traded on a single exchange anywhere in the world as far as I know.\u201d<\/p>\n

OneCoin has been around for over two years, but questions surrounding its authenticity continue to plague the Internet.\u201d<\/p>\n

Say what you will about Roger Ver, but the man was right on the money on this one.<\/p>\n

And finally, the episode\u2019s credits:<\/p>\n

Presenter: Jamie Bartlett
\nProducer: Georgia Catt
\nStory consultant: Chris Berube
\nEditor: Philip Sellars
\nOriginal music and sound design: Phil Channell
\nOriginal music and vocals: Dessislava Stefanova and the London Bulgarian Choir<\/p>\n

Previous Companion Guides For BBC\u2019s \u201cThe Missing Cryptoqueen\u201d Podcast:<\/p>\n

Ep. 01 \u2013 https:\/\/www.newsbtc.com\/news\/bitcoin\/ep01-dr-ruja-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast\/<\/a><\/p>\n

Ep. 02 \u2013 https:\/\/www.newsbtc.com\/news\/bitcoin\/ep02-btc-killer-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast\/<\/a><\/p>\n

Featured Image: The Missing Cryptoqueen podcast logo from the BBC | Charts by TradingView<\/a><\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Good news! Since OneCoin is back on the news<\/a> and \u201cThe Missing Cryptoqueen\u201d already released an 11th episode, proving that they\u2019re back for real, we\u2019re going to hit the accelerator. Starting today, we\u2019ll summarize two episodes a week to catch up with the new developments in Dr. Ruja\u2019s case. We hit the nail on the head on this one, and there\u2019s nothing left to do but put the pedal to the metal and see where the OneCoin story takes us.<\/p>\n

In this episode, we learn that OneCoin\u2019s internal slogan was \u201cthe greatest company ever\u201d and Jamie Bartlett travels to Sofia, Bulgaria, to look at Dr. Ruja\u2019s properties. This episode is free of mafia insinuations. It deals with the cultic aspects of OneCoin\u2019s entrepreneurial culture instead. We\u2019re also able to put a number on how big of a scam OneCoin really was. SPOILER ALERT: It was at least $4B big.<\/p>\n

Remember, you can download episodes directly from the BBC<\/a>, or listen to \u201cThe Missing Cryptoqueen\u201d through Apple<\/a>, Spotify<\/a>, or iVoox<\/a>.<\/p>\n

About OneCoin And \u201cThe Missing Cryptoqueen \u2019s\u201d Episode Three<\/p>\n

The most exciting thing about \u201cThe Missing Cryptoqueen\u201d podcast is the sense of immediacy it conveys. It\u2019s a living and breathing podcast. The story was happening all around Jamie Bartlett and the team. The OneCoin people react to \u201cThe Missing Cryptoqueen\u2019s\u201d creation and, through social media, attack the creators with everything they have. And the whole scene is part of the podcast. And this is just episode three. In the end, they even ask for the audience to call and tip them about Dr. Ruja\u2019s whereabouts or the OneCoin story.<\/p>\n

This episode starts with Konstantin Ignatov, Dr. Ruja\u2019s younger brother, personal assistant, and heir to the OneCoin crown. He was arrested by the FBI and charged with money laundering and fraud. The authorities had already declared OneCoin a fraud, even. Surprisingly, when Bartlett and the team visit the OneCoin headquarters, they realize that the company is still \u201copen for business.\u201d People are still buying OneCoin despite the fact that one of their leaders is on the run and the other was arrested.<\/p>\n

That leads us to the cult-like aspects of the operation. A faith-like belief justifies the disappearance of the leaders as a conspiracy to stop OneCoin. In the quote below, you will feel the silence while reading the description of the organization\u2019s offices. You\u2019ll feel the Dr. Ruja worship. It\u2019s just one step away from religion and very near a cult. An expert in that field corroborates the hypothesis. Jamie Bartlett describes OneCoin as \u201cless a cryptocurrency and more like a belief system.\u201d<\/p>\n

BTC price chart for 10\/20\/2022 on Bitstamp | Source: BTC\/USD on TradingView.com<\/a>
\nThe Devastation That They Caused<\/p>\n

At one point we, once again, listen to Dr. Ruja\u2019s own voice saying the crypto-scammer\u2019s slogan. \u201cIn two years no one will talk about bitcoin.\u201d If you ever hear that, run. In the second episode<\/a>, we figured out that OneCoin called the critics \u201chaters.\u201d In this one, we learn that the investors and employees are instructed to keep away from them Scientology-style. Another surprising fact is that the second term OneCoin uses the most to describe its critics is \u201cbitcoiner.\u201d Those pesky bitcoiners, always causing trouble.<\/p>\n

We learn about the scale of the devastation that Dr. Ruja caused by hearing about the OneCoin Victims Support Group. The victims are broken, they\u2019ve lost everything and then some. We also learn about the scale of the scam by way of a report\/ database that producer Georgia Catt got her hands on. From all over the world, the organization was getting \u20ac60M a week. From August 2014 to March 2017, OneCoin\u2019s revenue was over \u20ac4B. Over \u20ac100M were from the UK alone. And that\u2019s where the report stopped, the organization was still making money left and right.<\/p>\n

Quotes From \u201cThe Missing Cryptoqueen \u2019s\u201d Episode Three \u2013 \u201cMore Than Just A Coin\u201d<\/p>\n

An anonymous witness describing the OneCoin offices:\u00a0<\/p>\n

\u201cAt its peak, it was about 50 people working in the Sofia office. Ruja\u2019s office is on the 4th floor. You never saw her without the gypsy earrings, the gowns, the jewelry, everything. Even when she\u2019s just working in the office. Inside the Sofia office, the crypto center is where members of the OneLife network are allowed to meet members of the Sofia staff who are important. If you are out of favor, they won\u2019t let you in, or they\u2019ll keep you sitting there the whole day, waiting.\u00a0<\/p>\n

It\u2019s set up almost like a cathedral. You don\u2019t speak out loud, you whisper to each other. It\u2019s all set in dark tones, everything is gilded. There was a big cardboard cutout of Ruja. You see people touching it and doing that stupid OneCoin sign like it\u2019s an icon. It\u2019s gone now because it eventually fell apart because too many people were touching it. Dr. Ruja! Dr. Ruja! The biggest insult that you can give OneLife is to say: \u201cthat\u2019s not Dr. Ruja\u2019s vision.\u201d<\/p>\n

Bitcoin-enthusiast Timothy Curry, describing the cult of personality behind Dr. Ruja:<\/p>\n

\u201cThere 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.\u201d<\/p>\n

OneCoin Material And Episode Credits<\/p>\n

Six years ago, while OneCoin conquered the world, NewsBTC quoted the infamous Roger Ver<\/a> speaking on the case. Then known as a \u201cbitcoin evangelist,\u201d the controversial figure denounced OneCoin for what it is:\u00a0<\/p>\n

\u201cIn a recent interview, the owner of Bitcoin.com says he believes OneCoin is a fraud, and that investors should always be wary of new coins and read up before they put their money in things they don\u2019t understand:<\/p>\n

\u201cThere is never a cryptocurrency without a wallet. This sounds like more evidence of its fraudulent nature. OneCoin isn\u2019t traded on a single exchange anywhere in the world as far as I know.\u201d<\/p>\n

OneCoin has been around for over two years, but questions surrounding its authenticity continue to plague the Internet.\u201d<\/p>\n

Say what you will about Roger Ver, but the man was right on the money on this one.<\/p>\n

And finally, the episode\u2019s credits:<\/p>\n

Presenter: Jamie Bartlett
\nProducer: Georgia Catt
\nStory consultant: Chris Berube
\nEditor: Philip Sellars
\nOriginal music and sound design: Phil Channell
\nOriginal music and vocals: Dessislava Stefanova and the London Bulgarian Choir<\/p>\n

Previous Companion Guides For BBC\u2019s \u201cThe Missing Cryptoqueen\u201d Podcast:<\/p>\n

Ep. 01 \u2013 https:\/\/www.newsbtc.com\/news\/bitcoin\/ep01-dr-ruja-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast\/<\/a><\/p>\n

Ep. 02 \u2013 https:\/\/www.newsbtc.com\/news\/bitcoin\/ep02-btc-killer-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast\/<\/a><\/p>\n

Featured Image: The Missing Cryptoqueen podcast logo from the BBC | Charts by TradingView<\/a><\/p>\n

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