Following on from the announcement he’s leaving OneCoin earlier this week, Cordel “King” Jayms has put out a video going into larger element.
Titled “King Jayms’ Remaining Resolution”, the video was uploaded to Jayms’ private YouTube channel on Might thirteenth, 2023.
Jayms opens the video by swearing allegiance to OneCoin’s Ignatova crime household;
I would like it to be clear that Dr. Ruja and what she stands for, relating to her ebook “studying for revenue” and the issues that she train [sic], I completely consider and I admire all that she has achieved.
Konstantin, the love and admiration that I’ve for him, is the one purpose why I’m nonetheless right here at present.
I actually belief and consider within the imaginative and prescient of Dr. Ruja, and belief and consider within the imaginative and prescient and management of Konstantin.
That is in stark distinction to what Jayms’ involvement in OneCoin’s One Ecosystem rebrand.
Certainly, one of many core advertising factors of One Ecosystem is that Ruja Ignatova is a wished fugitive and has nothing to do with the reboot.
Pricey OneEcosystem Neighborhood,
As a CEO of the OneEcosystem, I want to take this chance to deal with you relating to the most recent details about the founding father of ONE Coin – Dr. Ruja Ignatova, that’s circulating on quite a few social media and information platforms.
I would like you to know that I’ve by no means personally met Dr. Ruja Ignatova, nor do I’ve any relationship along with her.
The brand new firm I at present work for and the model that we’re establishing is a singular model, separate from what you might have recognized beforehand.
One Ecosystem CEO Ventsislav Zlatkov, July 2022
Jayms additionally displays sturdy cognitive dissonance with respect to Konstantin’s 2019 responsible plea.
Stated plea noticed Konstantin acknowledge OneCoin was a Ponzi scheme and his position throughout the $4 billion rip-off.
Getting again to King Jyms, after swearing allegiance to the Ignatova crime household, Jayms throws what’s left of OneCoin’s Bulgaria-based administration below the bus.
I not belief and consider within the administration that’s in Sofia.
The folks that’s at present the administration … I completely don’t have any perception in something that they’re deciding. As a result of they have no idea, or love, or respect this undertaking for what it’s.
Jayms particularly cites “Desislava”, OneCoin’s Head of Funds:
Dimitar Velchev, OneCoin’s Head of IT;
And Georgi Georgiev, “the one who’s making all the selections and utilizing individuals as pawns”.
Jayms continues;
That is the Sofia administration. I’m assured in what I’m saying once I converse in regards to the administration in Sofia.
Particularly one explicit particular person, by the title of “G”, that you’d know. (Ozedit: it is a reference to Georgi)
(Georgi) has no love for this undertaking nor any understanding of cryptocurrency and the methods it must be.
This particular person has not, nobody in Sofia administration I do know, have learn Dr. Ruja ebook, “Studying For Revenue”.
How may you lead a imaginative and prescient of such an ideal visionary, with out actually understanding what she stands for and who she is?
I simply can’t be part of one thing like this, which I consider is detrimental to people due to the behaviour of stated administration.
Far be it from me to defend what’s left of the OneCoin scammers in Sofia, however I’ve to level out Jayms’ hypocrisy.
In an e-mail Ruja Ignatova wrote to co-conspirator Sebastian Greenwood in 2014, she laid out precisely what she stands for and who she is.
Within the conceptual stage of planning, OneCoin’s inner title was “trashy coin”.
It may not be [something] actually clear or that I usually work on and even might be happy with (besides with you in non-public after we make the cash) – however … I’m particularly good on this very borderline circumstances [sic], the place the issues develop into grey – and also you because the magic gross sales machine – and me as somebody who actually can work with numbers, authorized and again you up in a superb {and professional} means.
In one other 2014 e-mail, Ignatova mentioned “exit-strategies” for when OneCoin inevitably collapsed.
Take the cash and run and blame somebody for this (commonplace method, see Wenyard).
That is who Ruja Ignatova was and defrauding customers by a Ponzi scheme is what she stood for.
Ignatova’s OneCoin went on to defraud customers out of over $4 billion. Jayms had no drawback with inflicting detrimental monetary hurt, so long as he was cashing in on it.
And that’s basically the unsaid thrust behind Jayms’ dummy-spit.
Jayms goes on to feign astonishment on the lies used to market One Ecosystem to new victims.
I can not watch and perceive anymore what our objectives are.
When I’ve seen the coin go from 120 billion to 250 billion and the worth stays the identical, it can’t be that this alleged or this deployment that’s happening – the place we’re shifting to a public blockchain solely simply to see the transaction on the blockchain, that’s all it’s.
It can’t be that this deployment, previous to it happening, we had a inhabitants of two.5 million folks that had completely different wallets. Particular person people holding ones that had the worth at €42 euro.
It can’t be that now we’re lower than a million. And I’m assured, I’m certain I do know for sure, that majority is not going to deploy. So it’ll by no means replicate 2.5 million completely different members on the blockchain. By no means.
So it’ll replicate a million on the most in line with G. He expects 700,000.
It can’t be that after the deployment interval end, which isn’t going to complete in 6 months – it’s going to be prolonged … it can’t be that we’ve a million individuals and the worth stays the identical.
It’s simply not attainable.
Jayms plots One Ecosystem’s collapse to a advertising occasion held in Plovdiv, circa July 2021. He goes on to recommend Georgi Georgiev demoted him in a wrestle for energy.
I’m not Captain as a result of G made that call.
They used Madame Veska and I’ve the knowledge that it was such.
“Madame Veska” refers to Ruja Ignatova’s mom, Veska Ignatova.
At this level Jayms performs an indecipherable audio of what seems to be a dialog between himself, Veska and a translator.
Jayms represents Veska stumbled, at which level somebody, in Bulgarian, commanded she “simply say something so that you (I) can appear to be I’m translating”.
So Madame Veska allegedly spoke to me and advised me that she’s “going on this route and (it) was not essential to be a Captain, since you’ll be up on this council and this council is gonna deal with the community”.
“Council” refers to One Ecosystem’s Worldwide International Council. Jayms was demoted from Captain to the IGC in March 2023 – inserting a tough datestamp on the recorded dialog between himself and Veska.
No, that’s not why.
This decentralized idea of management, that’s not what they actually need to do. They don’t need me to talk out.
I’ve the main points in that audio the place it says, “Simply say something do it will possibly appear to be I’m translating.”
That don’t seem to be a administration to me, that understands this undertaking. It doesn’t appear that Madame Veska has any authority.
OneCoin has been utilizing Veska for years.
In 2020 Veska headlined a OneCoin “legend” occasion, the place she reduce a clumsy diminutive determine on stage.
What I don’t perceive is I met these people that’s allegedly the administration in Sofia. And once I met these people, each single one among them was an worker.
They went from an worker into senior supervisor positions, the place they’re making choices to have an effect on the undertaking.
I’m not talking about “proper click on” and Mr. Vladislav; he has achieved what he may and he continues to do what he may.
I’m not talking about Ventsislav, the CEO, as a result of he’s additionally a… what’s the well mannered method to say? A face, not essentially a voice.
Vladislav refers to Vladislav Velkov, International Director of DealShaker – OneCoin’s failed ecommerce platform.
Ventsislav is the beforehand cited OneCoin & One Ecosystem CEO Ventsislav Zlatkov.
I don’t know who “proper click on” is, or why Jayms is afraid of naming him/her.
I’m not talking about these people … I’m talking about Mr. G specifically.
Georgiev as chances are you’ll or could not know, who is de facto making choices in Sofia and completely crashing the undertaking.
And I cannot stand by whereas it appears they need to acquire each euro they will to vanish. I cannot assist with something like this.
Jayms goes on to recommend some huge cash is lacking from One Ecosystem’s books.
Jayms claims the present state of One Ecosystem is “appalling and disturbing”.
Citing “hypertension” and “stress” as causes he ditched OneCoin and the One Ecosystem reboot, Jayms goes on to pitch an unnamed firm he’s signed with since leaving.
I do know many, many, many have advised me, “King we consider in you. We don’t consider in Sophia administration. We don’t consider within the Bulgaria administration. We consider in you and we keep due to you.”
What influence Jayms abandoning One Ecosystem has on what’s left of OneCoin stays to be seen.
