Yesterday night I obtained a replica of the New DealShaker dev workforce report.
That is the report I first turned conscious of again on Might twenty first, however on the time wasn’t in a position to confirm its existence.
Final night time I had a social engagement I couldn’t get out of, and on the similar time I didn’t need to simply copy and paste the report for publication.
So should you’ll excuse the delay, right here’s the report.
For context, this report is believed to have been despatched from Duncan Arthur’s New DealShaker improvement workforce to Veselina Valkova.
From there it was distributed to OneCoin’s prime leaders. A lot of whom have been summoned to Sofia Bulgaria, for disaster conferences carrying into this weekend.
No particular member is credited with authoring the report, with the intent being that it represents the emotions of all New DealShaker workforce members.
The report was put collectively following months of disconnect between what the New DealShaker workforce had been employed to do, and the data and instruments Veselina Valkova and OneCoin employees supplied them.
This culminated within the arrest of Konstantin Ignatov earlier this yr.
Not less than one of many New DealShaker dev workforce was travelling with Ignatov on the time. They have been interrogated by the FBI however no arrests aside from that of Ignatov have been made.
As I perceive it the New DealShaker workforce primarily handled OneCoin employees by means of Ignatov.
Following his arrest, communication between OneCoin employees and the New DealShaker workforce quickly deteriorated.
So begins the report;
This would be the first and solely e mail that can come this fashion.
We will all perceive the confusion, anger and frustration among the many those who have had the within view to the final weeks
communications occurring.Undecided what agenda you’ve got VV however we suspect that its both; making an attempt to guard your self and your integrity or it’s making an attempt to get sure folks to chop a take care of somebody.
Both method, the reality will right here be laid out, as it’s, not wearing some fancy phrases for a long-gone founder and creator of this magnitude of a multitude.
We’re unsure who the referenced people slicing offers are.
I determine it’s both associated to Konstantin’s arrest and the DOJ, or unspecified gamers nonetheless pulling the strings behind OneCoin.
In Jan/Feb 2018 the “ONE” programs IT administrator, “Momchi” left the ship.
He took with him, not solely many of the so known as “keys” but additionally the data how these programs have been put collectively.
And some months later, in stormed one other IT administrator “Stan” that took over what extra may have regarded like a crashed house craft.
Claims of in home OneCoin builders leaving are supported by quite a few ongoing issues That is supported by the quite a few programming bugs which have been noticed on OneCoin’s web site, backoffice and in DealShaker itself.
Maybe probably the most distinguished improvement challenge OneCoin traders will probably be accustomed to is the long-running CoinSafe disappearing cash drawback.
To today factors OneCoin associates parked on the promise of elevated returns stay unaccounted for.
We have been contracted to construct a brand new platform to facilitate using the “ONE” in June 2018.
The contract was by no means signed by anybody within the “ONE” firm. Actually, the corporate BNC Consulting, put up as counter celebration, isn’t even round anymore, it’s been liquidated. That
firm merely closed down and payments should not getting paid.
Who arrange BNC Firm is unclear. OneCoin’s creation and use of shell firms nonetheless is nicely documented.
One of many major phrases for this (New DealShaker) improvement to happen is that the “ONE” would offer APIs that may join the programs to one another.
That’s, to have the ability to do what each different block chain expertise firm with ease supplies.
Open Supply APIs to make use of to connect with their companies and be capable to construct purposes round it.
Providers like paying for a product or a service.
After a number of preliminary calls with employees in Sofia, it was once more promised on the calls that APIs could be supplied or helped with.
One other month goes by and nothing occurs. Duncan is nicely conscious of the state of affairs and all of us begin elevating our voices.
“The place is the APIs to the ONE system”?
First week of August 2018 your IT administrator sends us the “supply code” of DS and the “ONE” system that your companies relies on.
With one easy message connected! Right here is the code, you attempt to determine it out!
The above means that whoever took over after “Momchi” took their cash and fled, had no concept what to do with OneCoin’s programs.
It additionally helps and explains the aforementioned ongoing improvement bugs.
Severely, that’s like giving the employees at a automotive manufacturing unit, the spare elements of a fighter jet aircraft and besides them to place it collectively. And in addition neglect to inform them, it’s a fighter jet they’ll construct.
There’s not a single Fintech firm on the planet that works like this.
In all our efforts to attempt to get involved with Sofia’s IT administrator it’s revealed to us that nobody in Sofia or in “ONE” IT has any concept how to do that.
Now we have to make use of Okay each different week to attempt to get some help in understanding this large pile of mess-up.
Konstantin himself isn’t believed to have understood any higher the IT aspect of OneCoin.
As beforehand talked about nonetheless, the New DealShaker workforce relied on him when communications with Sofia broke down.
The saying goes, that if “it’s smelling like rotten fish it’s as a result of it’s a rotten fish” and nothing else.
This didn’t odor good.
Nonetheless no APIs or entry to something that can be utilized to attempt to join a service that appears extra prefer it’s a fiction of another person’s fantasy.
Do not forget that whereas all of this was occurring, OneCoin was pumping out updates to its associates and pretending nothing was amiss.
This continued even after Konstantin’s arrest.
Since Sofia are unable to offer APIs we lastly get a database dump of some 250K customers with their pockets balances of money and “ONE” in the midst of November 2018.
We will roll out, however the programs are nonetheless not linked.
Moreover, the money stability on the accounts are nicely over 40.5 million EUR imported to the brand new service.
Cash that Sofia by no means paid a penny on to us, or anybody else for that matter.
The details listed below are that, when pressed, Sofia supplied the New DealShaker workforce with a database of traders and their pockets balances.
There was no blockchain to talk of.
Thus as of November 2018, New DealShaker was able to go however there was no blockchain to attach it to.
I imagine the “money stability” determine referenced above refers to withdrawable funds – which the New DealShaker workforce weren’t prepared to duplicate on their platform with out seeing proof the funds truly existed for withdrawal.
That proof was by no means supplied.
We now have 1 individual fulltime devoted making an attempt to determine how the service may be linked. No mild in sight.
We try to construct an intermediate service to get it working.
After a protracted and heated name together with your IT directors we’re advised that the ONE system is damaged. Its damaged since this “Momchi” left the scene.
We ask for documentation. There isn’t any documentation,
“Momchi” took that or deleted it.
As a substitute of coming clear OneCoin strung alongside its traders with excuses as deadline after deadline was missed, or most of the time – radio silence.
WOW, we ask ourselves but once more – how can this Fintech firm which have raked in billions in income, not have higher safety, repository storage of codes and extra importantly, not have any exhausting copies of this stuff in additional locations then 1?
Who in god’s identify set this up and are chargeable for its group and construction?
Why are somebody like “Momchi” solely accountable and have entry to the core of the core.
It’s like giving the Coca Cola receipt to the man in customer support and hope for one of the best when he walks out of the door.
We’re all beginning to get a foul intestine feeling since there may be merely no progress to get this sorted.
And so it’s with so many people who acquired into mattress with OneCoin.
From short-lived executives like Pablo Munoz and Pierre Arrens, to those that stole tens of millions by means of the scheme like Igor Alberts.
It appears the second anybody in OneCoin is supplied a peek behind the scenes, their “dangerous intestine feeling” causes them to both give up or disappear.
Such was in the end the case with the New DealShaker workforce, however not earlier than a couple of extra months of dysfunction performed out.
We at the moment are, in January 2019, studying the documentation written up from Sofia company concerning the “white paper” of the ONE system. Is that this for actual!
There are such a lot of contractionary details in these papers that merely don’t match and are put collectively.
It merely doesn’t work like this in any actual, open and clear digital crypto foreign money block chain expertise.
Our issues now should not solely beginning to grow to be details, they’re increasingly more confirmed by the dearth of capacity to co-operate to get this linked.
All of a sudden, Okay is arrested within the USA, Duncan as nicely interrogated by the FBI. The shit storm is about to go down we expect.
When Okay is being away it appears, the communication ceases to exist, making the co-op from Sofias aspect to simply die off.
The state of affairs appeared dire. On Might seventh nonetheless, one thing unusual occurred.
The seventh of Might 2019 we uncover that the repository code storage of the “ONE” system is up to date with model new “commits”, the place new companies out of the blue seem.
Issues like Pockets Supervisor, Transaction Supervisor, API’s to “a” onecoin backend and blockchain?!?
All of those didn’t exist 2nd of Might when the commits the place executed.
All of this have actually been created within the final months by your IT directors.
Is that this one other effort to attempt to save your self… now we out of the blue see communication to connect with the blockchain? That didn’t exist earlier than!
There’s room for misinterpretation right here, so I’m going to make clear: this isn’t some secret blockchain that OneCoin inside devs have been hiding from the New DealShaker workforce.
The NewDealshaker workforce had been asking for some of these items for at the very least seven months. They weren’t supplied API entry to it as a result of it didn’t exist.
Then on Might seventh newly created commits inside OneCoin’s programs have been added.
These appeared to be associated to API entry to a blockchain.
Previous to Might seventh nonetheless neither the obvious blockchain or API entry to the obvious blockchain existed.
And moreover, thus far no proof of a blockchain has existed. The commit calls present programmers with integration – which has not been examined.
Upon realizing they’d been lied to concerning OneCoin having a blockchain to offer API entry to all alongside, the New DealShaker dev workforce pulled the plug.
We can’t be part of a legal exercise or a conspiracy to commit any kind of crime and even be implied to have been part of such.
The details are clear:
• There isn’t any actual block chain. Only a easy block chain script that’s working as a php code on a mysql server.
Perhaps there was an actual block chain, possibly not. But it surely’s not one thing anybody have seen in code or can view right now.
• There isn’t any mining and have by no means been, once more only a script that’s working on the server and in addition confirmed by R and S of their e mail trade made public.
If you understand what mining truly means you’ll additionally affirm this by simply trying on the setup of the one system.
Mining is for both creating blocks/cash or confirming transactions in an actual blockchain.
• There isn’t any ledger, only a database desk with numbers going forwards and backwards.
• There isn’t any explorer the place anybody can view transactions, because it merely don’t exist.
• There isn’t any pockets service with encrypted personal or public keys utilizing cryptography.
• This can be a full catastrophe.
And to cite Rs (Ruja Ignatova’s) e mail to S (Sebastian Greenwood):
“We’re not mining truly – however telling folks shit.”Our objective is to not take something from anybody however merely ensuring that the 1.5 million, (sure it’s not 3.5 million customers however 3.5 million accounts the place a number of customers have a number of accounts –
to get the details right) distinctive customers can get worth again, that can work – legally, safe, absolutely clear and with completely no affiliation to something that’s prior to now.Nobody within the community groups communicate for all members – we do care concerning the as soon as that invested their family saving in a dream.
To appreciate that you must notice this – it should occur regardless of what absurd threats some people burst out into the open. That’s simply unhappy.
And it’s not one other ‘bundle’ to purchase or ‘funding’ to make. It’s simply going to grow to be very clear when all is out for the general public to see.
We didn’t create this mess – we merely are lending a serving to hand to information whoever is able to be guided.
Primarily based on actual expertise, opensource, viewable, compliant and licensed to commerce.
Primarily based in EU regulated jurisdictions the place we go by the foundations and laws.
Denial is among the strongest human feelings.
As I perceive it OneCoin is at the moment being run by its three Grasp Distributors (Jose Gordo, Habib Zahid and Simon Le) and the Sofia employees, of whom Veselina Valkova appears to be lead pony.
Following receipt of the New DealShaker dev workforce report, OneCoin pushed out a narrative that Duncan Arthur and his workforce had been fired and will now not be trusted.
OneCoin associates have been advised to disregard the contents of the above report and await additional bulletins.
Regardless of API entry to who is aware of what added on Might seventh being the one seen programming developments since January/February 2018, OneCoin introduced it’s resuming improvement on the previous DealShaker platform.
This is similar platform that was riddled with bugs, similar to permitting purchases past most quantities set by retailers.
It’s the platform the New DealShaker workforce have been introduced in to program a substitute for – for good purpose.
Within the wake of the separation, the New DealShaker dev workforce have gone underground.
In some cases this a necessity out of concern for his or her private security.
The New DealShaker workforce do plan to launch their work as a stand-alone platform, however that isn’t fairly prepared for launch but.
When it’s, it’ll work with cryptocurrencies however don’t have anything to do with OneCoin.
As for OneCoin, we’re unsure what is going to come out of the chief disaster conferences being held this weekend.
The corporate has had the higher a part of per week to give you bullshit to feed to these summoned, who will in flip be ordered to dutifully unfold it amongst remaining associates.
No matter what one feels concerning the New DealShaker workforce, that they had entry to the programming internals of OneCoin.
Past not having a blockchain and easily making issues up as they go alongside, there may be zero purpose for OneCoin to haven’t supplied the New DealShaker workforce with blockchain API entry.
As represented by the New DealShaker workforce, the platform was able to roll out roughly seven months in the past.
Going ahead no matter platform the New DealShaker workforce launch isn’t believed to be MLM associated – so we’ll be unlikely to cowl it.
Konstantin Ignatov’s preliminary listening to is scheduled for early this coming week. Keep tuned…