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 need to disappear goes. The idea comes from british journalist Oliver Bullough, who “has spent a few years investigating the methods illicit cash flows around the globe, together with in Jap Europe.” He’s this episode’s star visitor.
The Frankfurt half, nonetheless, is probably the most thrilling section of the entire podcast up to now. The manufacturing staff actually stepped up their investigative recreation and received 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 not less than.
Keep in mind, you may obtain episodes immediately from the BBC, or take heed to “The Lacking Cryptoqueen” by means of 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 doable Dr. Ruja sighting to presenter Jamie Bartlett. The employees 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 precisely *when* did this occur. Fascinating. The opportunity of a Dr. Ruja working round Europe may’ve been the catalyst for the Frankfurt a part of the episode. However first, let’s get to Moneyland.
After listening to the fundamental details of the OneCoin case, journalist Oliver Bullough tells Jamie that after upon a time “Albania descended into anarchy due to a pyramid scheme.” Because the crypto world has confirmed currently, these scams will be harmful. Then, Bullough explains what Moneyland is. Wealthy and good folks 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.”
Relating to different folks 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 staff will get into excessive gear. They flip their investigating arm up a number of notches and give attention to the Web. “We put a lot on-line now, and that info 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 reside within the metropolis. Plus, her greatest pal 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 reside. That is the place Monelyland results in. In there, they discover a charismatic however annoying postman which may keep in mind the identify Ignatova. They depart 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 shocking a part of the entire episode.
Quotes From Episode Seven of “The Lacking Cryptoqueen”:
Oliver Bullough, explaining how cash can disappear:
“If you’re 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 may nonetheless use them to purchase issues, you may 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 appeared, probably not appeared. And it’s in all probability the obvious place of all, the Web. We put a lot on-line now, and that info 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 means of all the pieces we’ve discovered up to now.”
Additional Materials, about “Moneyland”:
In The Guardian’s overview 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 folks … 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 want, selecting and selecting which nations’ legal guidelines they want to reside by.”
The Guardian additionally says:
“He’s surprisingly profitable at getting a few 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, akin to wealthy dissidents fearing the politically motivated confiscation of their belongings. He additionally accepts an argument often put to him in infamous tax havens: that wealthier, much less criticised nations akin to Britain have been equally concerned in constructing and sustaining Moneyland.”
Episode Credit
Presenter: Jamie BartlettProducer: Georgia CattStory guide: Chris BerubeEditor: Philip SellarsAuthentic music and sound design: Phil ChannellAuthentic 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 emblem, from the BBC | Charts by TradingView
