In brief
Quick update: OneCoin promoters are taking this news story, twisting it, & then using it to promote their scam. Unbelievable! pic.twitter.com/kbktc8IUhv
— Jamie Bartlett (@JamieJBartlett) February 15, 2020
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-1.80%Reading
Promoters of the collapsed $5 billion Ponzi scheme, known as OneCoin, are continuing to shill the coin. And they’ve now using a major announcement—about a TV series designed to expose it—to advertise the project even harder.
The rights to televise The Missing Cryptoqueen podcast were sold to New Regency Television on February 4. And, according to Jamie Bartlett, presenter of the podcast, OneCoin promoters have jumped on the news.
He tweeted, “Quick update: OneCoin promoters are taking this news story, twisting it, & then using it to promote their scam. Unbelievable!”
Quick update: OneCoin promoters are taking this news story, twisting it, & then using it to promote their scam. Unbelievable! pic.twitter.com/kbktc8IUhv
— Jamie Bartlett (@JamieJBartlett) February 15, 2020
The promoter in particular is called Kamran Hye, who advertises for OneLife, a Telegram channel claiming to sell ONE coins—bear in mind the coins never existed in the first place—for outrageous sums of money. Packages start at €13,140 for these fake coins.
BBC Sounds podcast The Missing Cryptoqueen, which explores the disappearance of OneCoin founder Dr. Ruja Ignatova, is set to be adapted into a TV drama series, according to entertainment industry publication Deadline. New Regency Television International secured the screen rights to the adaptation, fending off rival bids from A24 and 20th Century TV. New Regency’s Ed Rubin and Emma Broughton will produce the series alongside the podcast’s co-writers, Jamie Bartlett and Georgia Catt. New Regency...
Hye wrote, “The bidding for the TV drama series on Cryptoqueen has been sold for a huge amount (undisclosed) as many well known production companies tried to win it sighting (sic) the demand for it and the worldwide audiences in many different languages and countries.”
The Missing Cryptoqueen explores the story of Bulgarian tech entrepreneur Dr. Ruja Ignatova, who launched a cryptocurrency called OneCoin in 2014. Investors from 175 countries poured as much as $5 billion into the cryptocurrency, which Ignatova billed as the “Bitcoin killer”—but she vanished in 2017 after OneCoin was exposed as a gigantic Ponzi scheme.
A gripping new BBC podcast series, The Missing Cryptoqueen, tells the story of Bulgarian tech entrepreneur, Dr. Ruja Ignatova, who vanished in 2017, just as her shady cryptocurrency OneCoin was raking in billions of dollars from investors all over the world. Up to $5 billion is alleged to have been lost. There are ongoing criminal proceedings in the U.S., OneCoin’s operations were shut down in Italy, and people associated with it have been arrested and charged in China and India. But despite th...
Despite the disappearance of its founder—whose whereabouts are still unknown—OneCoin is disputing allegations that it’s a scam. At the same time, people are still buying its pricey investment “packages.” And by the look of things, the TV drama series is just adding fuel to the fire.
ASX-listed Opyl Limited, an Australian AI-biotech company grappling with financial stress, announced Thursday in Melbourne that it's adopting a Bitcoin treasury strategy, joining a growing number of public firms experimenting with the alpha crypto as a lifeline. Opyl acquired approximately two Bitcoin, valued at roughly $214,500 (AU$330,000), through the DigitalX Bitcoin ETF listed on the ASX. Opyl shares surged more than 47% on the day, according to Yahoo Finance data, as investors reacted to t...
Predictions market startup Kalshi has raised $185 million at a $2 billion valuation, the firm announced Wednesday, elevating the startup to unicorn status amid its growing foray into the crypto world. Cryptocurrency-focused venture capital firm Paradigm led the Series C round, with participation from Sequoia, Multicoin, Peng Zhao, Neo and Bond Capital, according to Mansour. Kalshi will use the funds, in part, to grow its technology team and facilitate its integration with brokers. Bloomberg firs...
As crypto treasury companies raise millions, some investors funding their pivot are cashing in as soon as they can, causing the firms’ stock prices to plummet. Within the past two weeks, SharpLink Gaming and Upexi have become notable examples, with their stock prices plunging over 60% moments after registration-of-shares filings were deemed effective by the U.S. Securities and Exchange Commission. The companies have relinquished most of the gains they accrued after announcing plans to stockpile...