The cryptocurrency world is lots just like the wild, wild west. Pioneers and trailblazers are breaking new floor to serve humanity. All of the whereas, scalliwags and ne’er-do-wells are seizing the chance to use these brave sufficient to enterprise down the trail.
There are unimaginable tales each of untold wealth and unfathomable loss because the crypto story remains to be being written. One in every of these tales was totally documented by writer, Jamie Bartlett. His guide, THE MISSING CRYPTOQUEEN: The Billion Greenback Cryptocurrency Con and the Lady Who Obtained Away with It, is a wild, true crime story that you should hear about.
Tales corresponding to this immediate us to hunt options, and as a sufferer of crypto theft himself, Jamie has ideas on how regulation would possibly curb at the very least a number of the legal habits. He joins us right this moment to debate all this and extra on episode #632 of The Dangerous Crypto Podcast.
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FEATURED GUEST: JAMIE BARTLETT, AUTHOR
Jamie Bartlett is the bestselling writer of The Darkish Internet (named a finest guide of the yr by NPR and the Washington Publish), Radicals, and The Folks Vs Tech, which was long-listed for the 2019 Orwell Prize for Political Writing and received the 2019 Transmission Prize. He based the Centre for the Evaluation of Social Media on the think-tank Demos and repeatedly writes on know-how and society for the Spectator, the Sunday Instances and elsewhere.
In 2017, Jamie offered the two-part BBC TWO documentary sequence The Secrets and techniques of Silicon Valley. His TedTalk about darkish internet medicine markets has been watched practically six million occasions. In 2019 his critically acclaimed BBC podcast sequence, The Lacking Cryptoqueen, reached #1 on the iTunes charts, and has been downloaded tens of millions of occasions.
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- 00:00 – Intro
- 05:17 – We really feel like the perfect podcasts inform the perfect tales. Because the writer of a number of books, your latest one known as The Lacking Cryptoqueen: The Billion Greenback Cryptocurrency Con and the Lady Who Obtained Away with It. Inform us extra.
- 05:56 – In 2014, Dr Ruja Ignatova says she has launched the subsequent revolutionary cryptocurrency, higher than Bitcoin, utilizing multi-level advertising. As a extremely credentialed monetary and authorized skilled, Dr. Ruja scammed tens of millions within the crypto neighborhood of about $4bln in OneCoin.
- 09:23 – It was the second largest crypto in 2016, proper? Greater than Ethereum? Not precisely…
- 12:00 – Did she understand it was a rip-off?
- 13:18 – The unraveling of the scheme and Dr. Ruja’s disappearance.
- 14:50 – Is there a screenplay of this story? A biopic? A Netflix sequence within the works?
- 15:50 – OneCoin was by no means listed on exchanges; the one place folks might purchase or promote was via the official web site by way of multi-level advertising.
- 16:44 – How the OneCoin cryptocurrency multi-level advertising method scammed tens of millions of crypto novice folks in a nascent trade.
- 18:32 – How did OneCoin work?
- 26:38 – Are we any nearer to discovering Dr. Ruja? What do you suppose has occurred? Has she gone off and gotten cosmetic surgery, dropped weight, dyed her hair?
- 29:00 – Why is that your principle of her whereabouts?
- 30:46 – You wrote a guide referred to as The Folks vs Tech, which received the Orwell Prize and others. What are you able to say concerning the state of Large Tech proper now versus the Folks, ‘trigger it isn’t wanting excellent for crew us?
- 32:23 – Do you repeatedly hunt down different scams to assist warn folks, or did this simply catch your consideration to pursue and write about this?
- 38:28 – Is one-coin.org nonetheless the identical OneCoin, or is there one other? That is humorous…
- 39:50 – In the event you see Dr. Ruja out, please report.
- 40:30 – What are you engaged on now?
- 41:15 – Outro
