New Regency Television International has secured the rights for the BBC’s The Missing Cryptoqueen podcast, paving the way for a TV series.

Deadline reports the OneCoin podcast bidding process was a “highly competitive situation”. New Regency beat out A24 and 20th Century TV.

Beyond being based on The Missing Cryptoqueen, details are scarce.

(New Regency) will produce the adaptation alongside executive producers and consultants, Jamie Bartlett and Georgia Catt, co-writers of the podcast.

The producer-financier is in talks with writers and directors with the intention of setting the project as a multi-episodic drama.

MLM Ponzi schemes being made into television series. What a time to be alive.