69 min listen
The Hunt for the Missing Cryptoqueen, with Jamie Bartlett
The Hunt for the Missing Cryptoqueen, with Jamie Bartlett
ratings:
Length:
63 minutes
Released:
Jul 6, 2022
Format:
Podcast episode
Description
In 2016, on stage at Wembley Arena in front of thousands of adoring fans, Dr Ruja Ignatova promised her followers a financial revolution. The future, she said, belonged to cryptocurrencies such as Bitcoin. And the Oxford-educated, self-styled cryptoqueen promised that the cryptocurrency she had created – OneCoin – would not only earn its investors untold fortunes but also change the world.
A year later investors had bought more than $4 billion-worth of OneCoin. The true believers lived all over the world – in the USA, Pakistan, Hong Kong, Yemen, the UK, Brazil and beyond. But in October 2017 Ruja Ignatova disappeared from public view, and it slowly became clear to her followers that her revolutionary cryptocurrency was in fact one of the biggest scams in history.
In June 2022 Jamie Bartlett came to Intelligence Squared to tell the shocking story of Dr Ruja and OneCoin. He drew from his new book The Missing Cryptoqueen to explain how organised crime, influencer culture and hype around cryptocurrencies combined to dupe some of the world’s poorest people into thinking they had discovered a route out of poverty. Bartlett also discussed the broader questions around cryptocurrency’s future and his ongoing hunt to find the cryptoqueen, who has been in hiding for five years and was recently added to EUROPOL’s most wanted list.
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A year later investors had bought more than $4 billion-worth of OneCoin. The true believers lived all over the world – in the USA, Pakistan, Hong Kong, Yemen, the UK, Brazil and beyond. But in October 2017 Ruja Ignatova disappeared from public view, and it slowly became clear to her followers that her revolutionary cryptocurrency was in fact one of the biggest scams in history.
In June 2022 Jamie Bartlett came to Intelligence Squared to tell the shocking story of Dr Ruja and OneCoin. He drew from his new book The Missing Cryptoqueen to explain how organised crime, influencer culture and hype around cryptocurrencies combined to dupe some of the world’s poorest people into thinking they had discovered a route out of poverty. Bartlett also discussed the broader questions around cryptocurrency’s future and his ongoing hunt to find the cryptoqueen, who has been in hiding for five years and was recently added to EUROPOL’s most wanted list.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jul 6, 2022
Format:
Podcast episode
Titles in the series (100)
Michael Sandel on the Moral Limits of Markets: Should we pay children to get good grades? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, or selling citizenship to immigrants willing to pay? Michael Sandel is one of th... by Intelligence Squared