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Episode 121: Ruja Ignatova and the OneCoin Scam

In this episode we do a deep dive into the largest of the cryptocurrency scams carried out so far, the OneCoin theft fronted by Ruja Ignatova. At least $4 billion was stolen from people who "invested" in the nonexistent cryptocurrency OneCoin and Ms. Ignatova has not been seen since 2017. Was she killed by the mob? Is she hiding out on the lam? We speculate about this as well as discuss the wider societal forces that allow hucksters like her to exist including the credibility lent to her by among others The Economist, Forbes, Oxford, and McKinsey & Company.

Special thanks to discord user "Rona" for alerting us to the subject of this episode.

Here's the BBC article outlining the story: https://www.bbc.com/news/stories-50435014

Episode 121: Ruja Ignatova and the OneCoin Scam

Comments

[55:00] Seb Gorka everybody.

Chris Horymski

The best description I ever heard used for BitCoin: It’s like idling your car 24x7 which does algebra equations so you can buy heroin on the black market

a-10-&

Yogi if you’re out there I just want you to know that every time you laugh at one of your own jokes and no one else does someone else is also laughing. Keep 👏 being 👏 you 👏 king 👑

Dongo


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