Following on from the announcement he’s leaving OneCoin earlier this week, Cordel “King” Jayms has put out a video going into higher element.
Titled “King Jayms’ Remaining Determination”, the video was uploaded to Jayms’ private YouTube channel on Could 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, concerning her guide “studying for revenue” and the issues that she educate [sic], I completely imagine and I admire all that she has finished.
Konstantin, the love and admiration that I’ve for him, is the one purpose why I’m nonetheless right here right now.
I actually belief and imagine within the imaginative and prescient of Dr. Ruja, and belief and imagine 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.
Expensive OneEcosystem Neighborhood,
As a CEO of the OneEcosystem, I wish to take this chance to deal with you concerning 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 together 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 could 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 function 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 beneath the bus.
I now not belief and imagine 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 mission 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 choices 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 identify of “G”, that you’d know. (Ozedit: this can be a reference to Georgi)
(Georgi) has no love for this mission 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 guide, “Studying For Revenue”.
How might you lead a imaginative and prescient of such a fantastic 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 imagine is detrimental to people due to the behaviour of mentioned 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 inside identify was “trashy coin”.
It won’t be [something] actually clear or that I usually work on and even might be pleased with (besides with you in personal 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 great {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 (normal strategy, see Wenyard).
That is who Ruja Ignatova was and defrauding customers by way of a Ponzi scheme is what she stood for.
Ignatova’s OneCoin went on to defraud customers out of over $4 billion. Jayms had no downside with inflicting detrimental monetary hurt, so long as he was benefiting from it.
And that’s primarily 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 transferring 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 mirror 2.5 million completely different members on the blockchain. By no means.
So it’ll mirror a million on the most in response to 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 have now 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 now 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 seem like I’m translating”.
So Madame Veska allegedly spoke to me and informed me that she’s “going on this route and (it) was now not essential to be a Captain, since you’ll be up on this council and this council is gonna maintain the community”.
“Council” refers to One Ecosystem’s Worldwide World Council. Jayms was demoted from Captain to the IGC in March 2023 – putting 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 may well seem like I’m translating.”
That don’t seem to be a administration to me, that understands this mission. 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 minimize an ungainly 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 in all them was an worker.
They went from an worker into senior supervisor positions, the place they’re making selections to have an effect on the mission.
I’m not talking about “proper click on” and Mr. Vladislav; he has finished what he might and he continues to do what he might.
I’m not talking about Ventsislav, the CEO, as a result of he’s additionally a… what’s the well mannered technique to say? A face, not essentially a voice.
Vladislav refers to Vladislav Velkov, World 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 particularly.
Georgiev as you might or could not know, who is basically making selections in Sofia and completely crashing the mission.
And I can’t stand by whereas it appears they need to accumulate each euro they’ll to vanish. I can’t 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 informed me, “King we imagine in you. We don’t imagine in Sophia administration. We don’t imagine within the Bulgaria administration. We imagine 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.