Jayms blames One Ecosystem’s collapse on Georgi Georgiev
Following on from the announcement he’s leaving OneCoin earlier this week, Cordel “King” Jayms has put out a video going into greater detail.
Titled “King Jayms’ Final Decision”, the video was uploaded to Jayms’ personal YouTube channel on May 13th, 2023.
Jayms opens the video by swearing allegiance to OneCoin’s Ignatova crime family;
I want it to be clear that Dr. Ruja and what she stands for, regarding her book “learning for profit” and the things that she teach [sic], I absolutely believe and I appreciate all that she has done.
Konstantin, the love and admiration that I have for him, is the only reason why I am still here today.
I really trust and believe in the vision of Dr. Ruja, and trust and believe in the vision and leadership of Konstantin.
This is in stark contrast to what Jayms’ involvement in OneCoin’s One Ecosystem rebrand.
Indeed, one of the core marketing points of One Ecosystem is that Ruja Ignatova is a wanted fugitive and has nothing to do with the reboot.
Dear OneEcosystem Community,
As a CEO of the OneEcosystem, I would like to take this opportunity to address you regarding the latest information about the founder of ONE Coin – Dr. Ruja Ignatova, that is circulating on numerous social media and news platforms.
I want you to know that I have never personally met Dr. Ruja Ignatova, nor do I have any relationship with her.
The new company I currently work for and the brand that we are establishing is a unique brand, separate from what you may have known previously.
One Ecosystem CEO Ventsislav Zlatkov, July 2022
Jayms also exhibits strong cognitive dissonance with respect to Konstantin’s 2019 guilty plea.
Said plea saw Konstantin acknowledge OneCoin was a Ponzi scheme and his role within the $4 billion scam.
Getting back to King Jyms, after swearing allegiance to the Ignatova crime family, Jayms throws what’s left of OneCoin’s Bulgaria-based management under the bus.
I no longer trust and believe in the management that’s in Sofia.
The people that’s currently the management … I absolutely have no belief in anything that they’re deciding. Because they do not know, or love, or respect this project for what it is.
Jayms specifically cites “Desislava”, OneCoin’s Head of Payments:
Dimitar Velchev, OneCoin’s Head of IT;
And Georgi Georgiev, “the one who’s making all the decisions and using people as pawns”.
This is the Sofia management. I am confident in what I am saying when I speak about the management in Sofia.
Especially one particular individual, by the name of “G”, that you would know. (Ozedit: this is a reference to Georgi)
(Georgi) has no love for this project nor any understanding of cryptocurrency and the ways it should be.
This individual has not, no one in Sofia management I know, have read Dr. Ruja book, “Learning For Profit”.
How could you lead a vision of such a great visionary, without really understanding what she stands for and who she is?
I just cannot be a part of something like this, which I believe is detrimental to individuals because of the behaviour of said management.
Far be it from me to defend what’s left of the OneCoin scammers in Sofia, but I have to point out Jayms’ hypocrisy.
In an email Ruja Ignatova wrote to co-conspirator Sebastian Greenwood in 2014, she laid out exactly what she stands for and who she is.
In the conceptual stage of planning, OneCoin’s internal name was “trashy coin”.
It might not be [something] really clean or that I normally work on or even can be proud of (except with you in private when we make the money) – but … I am especially good in this very borderline cases [sic], where the things become gray – and you as the magic sales machine – and me as someone who really can work with numbers, legal and back you up in a good and professional way.
In another 2014 email, Ignatova discussed “exit-strategies” for when OneCoin inevitably collapsed.
Take the money and run and blame someone for this (standard approach, see Wenyard).
This is who Ruja Ignatova was and defrauding consumers through a Ponzi scheme is what she stood for.
Ignatova’s OneCoin went on to defraud consumers out of over $4 billion. Jayms had no problem with inflicting detrimental financial harm, as long as he was profiting from it.
And that’s essentially the unsaid thrust behind Jayms’ dummy-spit.
Jayms goes on to feign astonishment at the lies used to market One Ecosystem to new victims.
I cannot watch and understand anymore what our goals are.
When I have seen the coin go from 120 billion to 250 billion and the value remains the same, it cannot be that this alleged or this deployment that is taking place – where we are moving to a public blockchain only just to see the transaction on the blockchain, that’s all it is.
It cannot be that this deployment, prior to it taking place, we had a population of 2.5 million people that had different wallets. Individual individuals holding ones that had the value at €42 euro.
It cannot be that now we are less than one million. And I am confident, I’m sure I know for certain, that majority will not deploy. So it will never reflect 2.5 million different members on the blockchain. Never.
So it will reflect one million at the most according to G. He expects 700,000.
It cannot be that after the deployment period finish, which is not going to finish in 6 months – it’s going to be extended … it cannot be that we have one million people and the value remains the same.
It’s just not possible.
Jayms plots One Ecosystem’s collapse to a marketing event held in Plovdiv, circa July 2021. He goes on to suggest Georgi Georgiev demoted him in a struggle for power.
I am no longer Captain because G made that decision.
They used Madame Veska and I have the information that it was such.
“Madame Veska” refers to Ruja Ignatova’s mother, Veska Ignatova.
At this point Jayms plays an indecipherable audio of what appears to be a conversation between himself, Veska and a translator.
Jayms represents Veska stumbled, at which point someone, in Bulgarian, commanded she “just say anything so you (I) can look like I’m translating”.
So Madame Veska allegedly spoke to me and told me that she’s “going in this direction and (it) was no longer necessary to be a Captain, because you’ll be up on this council and this council is gonna take care of the network”.
“Council” refers to One Ecosystem’s International Global Council. Jayms was demoted from Captain to the IGC in March 2023 – placing a rough datestamp on the recorded conversation between himself and Veska.
No, that’s not why.
This decentralized concept of leadership, that’s not what they really want to do. They don’t want me to speak out.
I have the details in that audio where it says, “Just say anything do it can look like I’m translating.”
That do not seem like a management to me, that understands this project. It does not seem that Madame Veska has any authority.
OneCoin has been using Veska for years.
In 2020 Veska headlined a OneCoin “legend” event, where she cut an awkward diminutive figure on stage.
What I don’t understand is I met these individuals that’s allegedly the management in Sofia. And when I met these individuals, every single one of them was an employee.
They went from an employee into senior manager positions, where they’re making decisions to affect the project.
I’m not speaking about “right click” and Mr. Vladislav; he has done what he could and he continues to do what he could.
I’m not speaking about Ventsislav, the CEO, because he’s also a… what’s the polite way to say? A face, not necessarily a voice.
Vladislav refers to Vladislav Velkov, Global Director of DealShaker – OneCoin’s failed ecommerce platform.
Ventsislav is the previously cited OneCoin & One Ecosystem CEO Ventsislav Zlatkov.
I don’t know who “right click” is, or why Jayms is afraid of naming him/her.
I’m not speaking about these individuals … I’m speaking about Mr. G in particular.
Georgiev as you may or may not know, who is really making decisions in Sofia and absolutely crashing the project.
And I will not stand by while it seems they want to collect every euro they can to disappear. I will not help with anything like this.
Jayms goes on to suggest a lot of money is missing from One Ecosystem’s books.
Jayms claims the current state of One Ecosystem is “appalling and disturbing”.
Citing “high blood pressure” and “stress” as reasons he ditched OneCoin and the One Ecosystem reboot, Jayms goes on to pitch an unnamed company he’s signed with since leaving.
I know many, many, many have told me, “King we believe in you. We don’t believe in Sophia management. We don’t believe in the Bulgaria management. We believe in you and we stay because of you.”
What impact Jayms abandoning One Ecosystem has on what’s left of OneCoin remains to be seen.
A man with the same name – Georgi Vasilev Georgiev – was the managing director of a German construction company in Frankfurt am Main from 2011 to 2018:
What does a bricklayer or concrete worker understand about cryptocurrencies? Is KingJayms’ criticism justified?
See also this comment:
Maybe he knows about
Laying a foundation
I’ll let myself out
Bricklayer helps create Ponzi shitcoin, starts with guh-kneesis block. Story checks out.
This is now official OneCoin lore.
I found this comment from Simon Le on king Jayms FB page very interesting, and I quote:
Sounds like he never really left OC but has been working in the background at times.
Anyone wishing to contact former OneCoin Captain Cordel ‘KingJayms’ James should know his contact information.
His email address and phone number:
His company with address and phone number:
Because his wife Patrice James also worked for the OneCoin scam, we should not forget about her:
Patrice James has also been constantly trying to sell products on DealShaker:
Because OneCoin is absolutely worthless, Patrice James only accepted 30% as payment with ONE. Most other merchants on DealShaker accepted 50% ONE:
@Oz, yes you do know “right click”. Mentioned many times on BehindMLM, it just didn’t click for you now. 😀
It’s Right Click Ltd, whose sole owner is Velkov. The 3rd party IT company working for the scam.
@Oz, I suspect that there might be a big mistake in the article.
The head accountant’s full name is most likely Georgi Dimitrov Georgiev. Georgi Georgiev Vasilev is probably a different person.
This is what Semjon wrote regarding a different case in 2019:
“I’m pretty certain that the head accountant that King Jayms refers to in the quoted statement is Georgi Dimitrov Georgiev.
He is the co-signer in many of the financial statement documents for OneCoin-linked Bulgarian companies in Bulgarian business register.”
I’ll see if I can find such OneCoin related financial statement documents in which Georgi Dimitrov Georgiev is the co-signer. But if Semjon said that, then I don’t doubt it.
Jayms is in Dubai. Explains why he’s feeling untouchable.
Nice catch. These names…
I’ll leave out the middle-name for now then as there’s enough doubt in light of Semjon’s comment. Thanks.
There are more than 2,100 people listed on LinkedIn with the name Georgi Georgiev. We are only interested in this one:
Just announced at the “One Ecosystem Official” -Telegram channel, One Ecosystem “temporarily” stops their One Voyage platform.
“Surprisingly” it didn’t work out with their partner G2GO Travel Club.
Unnamed dodgy travel platform realized ONE Ponzi points are worthless? RIP.
A similar project had been announced in September 2017 by former CEO Pierre “Pitt” Arens from Luxembourg:
The name of the major online travel company was, of course, secret and the term “soon” is infinitely elastic in Bulgaria…
Quote from March 2, 2023 newsletter:
The most expensive subscription costs 14,400 euros, 50% of which can be paid in ONE. Will buyers of this subscription get their money back?
PS: 110% best price guarantee is absolutely unusual in Germany. Who can explain to me how this is handled?
The website onevoyagetravelclub.com exists since August 2022 and is still online:
The ominous company G2 Go Travel Inc. in the WebArchive, as the website is not accessible:
On Instagram, the name Ron Armstrong and a .com website are mentioned. This account has not been updated since November 2021. If you don’t offer anything, you won’t sell anything. A successful company would act differently.
Ron Armstrong is founder and CEO: