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What’s Moneyland? That’s what the primary half of this “The Lacking Cryptoqueen” episode is about. The second half is about Frankfurt, town the place Jamie and Georgia assume that Dr. Ruja may be hiding. In any case, Moneyland is that legendary place the place the cash that millionaires and company entities wish to disappear goes. The idea comes from british journalist Oliver Bullough, who “has spent a few years investigating the methods illicit cash flows all over the world, together with in Japanese Europe.” He’s this episode’s star visitor.
The Frankfurt half, nevertheless, is probably the most thrilling section of the entire podcast to date. The manufacturing group actually stepped up their investigative recreation and bought nearer to Dr. Ruja than any police division ever will. We all know our summaries are phenomenal, however we advocate that everybody listens to that second half no less than.
Bear in mind, you possibly can obtain episodes immediately from the BBC, or take heed to “The Lacking Cryptoqueen” by Apple, Spotify, or iVoox.
In any case, let’s go to Moneyland!
About “The Lacking Cryptoqueen,” Episode Seven – “In Plain Sight”
Is Dr. Ruja alive? Earlier than even mentioning Moneyland, producer Georgia Catt confirms a potential Dr. Ruja sighting to presenter Jamie Bartlett. The workers of an Athens restaurant remembers somebody with Dr. Ruja’s traits as a part of a celebration of six. What they’re undecided about is strictly *when* did this occur. Fascinating. The potential of a Dr. Ruja working round Europe would possibly’ve been the catalyst for the Frankfurt a part of the episode. However first, let’s get to Moneyland.
After listening to the essential details of the OneCoin case, journalist Oliver Bullough tells Jamie that when upon a time “Albania descended into anarchy due to a pyramid scheme.” Because the crypto world has confirmed currently, these scams might be harmful. Then, Bullough explains what Moneyland is. Wealthy and good individuals can assemble their “belongings in such a method that they develop into invisible.” They will nonetheless use them to “purchase political affect and good homes and yachts.”
In relation to different individuals looking for these belongings, although, they flip invisible. So, “that’s what Moneyland is, Moneyland is the place the place these belongings go.” This breaks Jamie, who asks if there’s zero likelihood of discovering them. Bullough tries to cheer him up by saying “It’s not zero likelihood. It’s, yeah. I imply, it’s been very nicely hidden, proper?” And that’s not probably the most miserable a part of the episode. After that, they inform us that the UK has stopped their investigation into OneCoin. They simply gave up.
FTT value chart for 11/18/2022 on FTX | Supply: FTT/USD on TradingView.com
Moneyland Leads To Frankfurt
When issues look darker, “The Lacking Cryptoqueen’s” manufacturing group will get into excessive gear. They flip their investigating arm up just a few notches and deal with the Web. “We put a lot on-line now, and that data can betray us. And that’s what took us to someplace we predict Dr. Ruja may be.“ That someplace is Frankfurt. Our heroes decide that Dr. Ruja’s ex-husband and her hidden daughter stay within the metropolis. Plus, her finest good friend appears to have visited Frankfurt not too long ago.
They get there they usually discover nothing, not a single hint. This half is excruciating. Nevertheless, it leads Jamie and Georgia to a high-luxury neighborhood that feels just like the place Dr. Ruja would stay. That is the place Monelyland results in. In there, they discover a charismatic however annoying postman that may keep in mind the identify Ignatova. They go away that storyline open and “The Lacking Cryptoqueen” returns to England.
To complete the episode off, Jamie has a really fascinating dialogue with Cameron, “a UK-based OneCoin promoter.” Is he a real believer or is he simply defending a particularly profitable enterprise? Cameron goes all in and carries the OneCoin occasion line to the very finish. Wow. This may be probably the most stunning a part of the entire episode.
Quotes From Episode Seven of “The Lacking Cryptoqueen”:
Oliver Bullough, explaining how cash can disappear:
“In case you are wealthy sufficient and nicely suggested sufficient or intelligent sufficient, you assemble your belongings in such a method that they develop into invisible. They nonetheless exist, you possibly can nonetheless use them to purchase issues, you possibly can nonetheless use them to purchase political affect and good homes and yachts. However when it comes from somebody looking for them, whether or not that’s a journalist or a police officer, the belongings are invisible. And in order that’s what Moneyland is, Moneyland is the place the place these belongings go.”
Jamie Barlett on what led them to Frankfurt:
“There’s one place we haven’t seemed, not likely seemed. And it’s most likely the obvious place of all, the Web. We put a lot on-line now, and that data can betray us. And that’s what took us to someplace we predict Dr. Ruja may be. Not Athens, Frankfurt. It took weeks of extraordinarily boring web analysis and painstakingly going again by the whole lot we’ve discovered to date.”
Further Materials, about “Moneyland”:
In The Guardian’s assessment of Oliver Bullough’s “Moneyland,” they quote a metaphorical definition of the novel time period:
“He conceives of it as a secret, parallel world, nearly like one thing from a fairytale: “The very wealthiest individuals … have tunnelled into this new land that lies beneath all our nation states, the place borders have vanished. They transfer their cash … and themselves wherever they need, selecting and selecting which nations’ legal guidelines they want to stay by.”
The Guardian additionally says:
“He’s surprisingly profitable at getting a number of the architects of the offshore world to open up, and is delicate to the truth that a few of its customers have good cause to keep away from governments, reminiscent of wealthy dissidents fearing the politically motivated confiscation of their belongings. He additionally accepts an argument steadily put to him in infamous tax havens: that wealthier, much less criticised nations reminiscent of Britain have been equally concerned in constructing and sustaining Moneyland.”
Episode Credit
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story advisor: Chris Berube
Editor: Philip Sellars
Authentic music and sound design: Phil Channell
Authentic music and vocals: Dessislava Stefanova and the London Bulgarian Choir
Earlier Companion Guides For BBC’s “The Lacking Cryptoqueen” Podcast:
Ep. 01 – https://www.newsbtc.com/information/bitcoin/ep01-dr-ruja-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 02 – https://www.newsbtc.com/information/bitcoin/ep02-btc-killer-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 03 – https://www.newsbtc.com/altcoin/ep03-onecoin-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 04 – https://www.newsbtc.com/scams-and-fraud/ep04-onelife-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 05 – https://www.newsbtc.com/scams-and-fraud/ep05-mlm-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Ep. 06 – https://www.newsbtc.com/scams-and-fraud/ep06-dealshaker-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Featured Picture: The Lacking Cryptoqueen's brand, from the BBC | Charts by TradingView
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