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The News Agents - Episode Summary: Coining It with Lewis Goodall | Ep 3 - Unmissables: Explosive Lies
Podcast Overview Host(s): Emily Maitlis, Jon Sopel, and Lewis Goodall Description: An award-winning daily news podcast, providing insights into the news and analysis from three top UK journalists. The show emphasizes understanding the "why" behind the news while maintaining a sense of humor.
Episode Details
- Title: Coining It with Lewis Goodall | Ep 3 - Unmissables: Explosive Lies
- Air Date: January 2018
- Focus: The story of James Parker and his financial escapades involving Bitcoin and a trip to Dubai.
Key Themes and Events The Setup
- Location: Manchester Airport, January 2018.
- Characters:
- James Parker: Central figure involved in Bitcoin trading and financial manipulation.
- Stephen Boyes: Parker's friend and financial advisor.
- Jamal: A trader based in Dubai who assists Parker in cashing out Bitcoin.
Plot Synopsis
- Journey to Dubai:
- Parker and Boyes plan a trip to Dubai with hopes to convert Parker's Bitcoin profits into cash.
- Just before boarding, Parker receives a call from Russell Wilson, owner of the Coinspot platform, demanding the return of £34 million worth of Bitcoin that Parker allegedly exploited through a glitch.
- The Glitch:
- Parker's wealth and extravagant lifestyle stem from exploiting a glitch in the Coinspot trading platform.
- He shared the glitch with others in his community, leading to a ripple effect of Bitcoin exploitation.
- Dubai Experience:
- Upon arrival in Dubai, Parker and Boyes meet with Jamal, who provides them with large sums of cash for their Bitcoin.
- The luxurious lifestyle juxtaposed against their humble beginnings in Blackpool creates a stark contrast.
- Financial and Legal Implications:
- Detective Zane's investigation into Parker and Boyes raises questions about the legality of their actions.
- The tension between their newfound wealth and the impending legal troubles sets the stage for conflict.
Insights on Cryptocurrency
- Bitcoin in 2017: The episode highlights the nascent state of cryptocurrency trading, the risks involved, and the curiosity surrounding it during that period.
- Dubai as a Crypto Hub: The narrative portrays Dubai as a place where cryptocurrency transactions are facilitated easily, often without stringent legal oversight.
Character Dynamics
- Parker's Deception: Boyes initially believes in Parker's story regarding the origins of his wealth, but the truth about the glitch complicates their relationship.
- Community Impact: Kelly Caton and her daughter Kimmy also become entangled in the Bitcoin glitch, showcasing how Parker’s actions affected those around him.
Legal and Ethical Discussions
- The episode raises questions about the morality of exploiting system glitches and the legality of Parker's and Boyes' actions.
- There is a palpable sense of panic as they realize the potential consequences of their financial decisions.
Key Takeaways
- Risks in Cryptocurrency: The episode serves as a cautionary tale about the risks and ethical implications of exploiting loopholes in financial systems.
- Consequences of Greed: It examines how the allure of wealth can lead individuals to make questionable decisions, impacting their lives and those of others.
- Friendship and Trust: The evolving relationship between Parker and Boyes illustrates the complexities of trust, especially when legality and morality are compromised.
Conclusion The episode closes with a cliffhanger as the characters face the ramifications of their actions, setting the stage for further developments in subsequent episodes. The engaging storytelling blends humor with serious themes of financial ethics, making it a compelling listen for those interested in the intersection of cryptocurrency and real-life consequences.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:01Lewis Goodall:This is a Global Player original podcast.
0:08Lewis Goodall:Airports, whatever you think of them, are places of possibility. The possibility of suddenly being somewhere distant and different. It's January 2018. James Parker and Stephen Boyes are at Manchester Airport. Tickets to Dubai in their hands A world of opportunity But airports can be unsettling too Going through security That moment when your heart starts racing Even when you've got nothing to hide So imagine what it feels like when you possess a secret worth millions. Blankish on a website. Is it criminal? Is it criminal?
1:01James Parker:How are we not going to get caught doing this? How is this not going to come back on ourselves?
1:09Lewis Goodall:But once he's through security, James Parker's phone starts buzzing. Unknown number.
1:18James Parker:I sort of mouthed to him, who is it? and he just passed the phone to me.
1:24Lewis Goodall:On the other end is a man who's figured out how James Parker got so rich. He's figured it out because it's his money and he wants his money back. What James Parker doesn't know as he stands there is that his scam is starting to unravel. that everything he's built in Blackpool, the money, the friends, the new life, it's all about to come crashing down. There are only two choices. Turn around, face the music, or get on the plane to Dubai and pray. So, what would you do? I'm Lewis Grenoble, and this is Coining It. Episode 3, Money Spending Expert.
2:32Lewis Goodall:Now, we left the last episode with James all set up at the Grand Hotel just up the road from Blackpool. He'd become a local hero in a small town of Fleetwood, throwing huge amounts of cash around like confetti. Cars bought for straight cash to people who hadn't even asked for them. Thousands after thousands somehow sloshing through his local bank account. But not just that. He'd also shown his new friends exactly how to use the Bitcoin making glitch themselves. Like Kimmy's mum, Kelly.
3:08James Parker:He made it very clear that he wanted to give back to us. But he had been in similar positions that my family was in at that time.
3:19Lewis Goodall:Kimmy Caton wanted to help James out, just like he'd helped her family. And James needed help because with lots of money came lots to do, starting with updating his appearance from what we might call dishevelled to something with more glow.
3:38James Parker:At one point he hired me as his PA. he would often just say you know this is my PA she's going to speak for me so he liked to have his suits pressed his shirts and his jackets pressed but I would book his appointments for him to get manicures and for the barbers and stuff like that that was important to him yes he got a haircut every two weeks he always had his beard trimmed and shaped and every few weeks we would book him to go to the nail salon together I would get my long fancy acrylic nails and he would have his nails buffed and shined. He was impeccable about his personal hygiene.
4:18Lewis Goodall:People must have been very curious about where that money was coming from, right? Or did they know or was it a secret or?
4:24James Parker:For the most part, he just told people that he traded Bitcoin. And really at the time, Bitcoins were so new that I think people were just sceptical about them in general.
4:35Lewis Goodall:Back in 2017, you have to remember that trading cryptocurrency was very different from today's well-established, well-marketed, user-friendly interfaces. It was still a fringe activity for the committed, even the eccentric. It was hard to buy Bitcoin back then. It was hard. This is Fred Shibesta, an Australian tech entrepreneur who got into crypto before most. You'd send people money that you had no idea who they were and when you'd sent it, it just didn't arrive immediately and you were like, well, I hope it arrives one day. And then you just email someone and someone randomly would reply and say, oh, I see it.
5:13Lewis Goodall:Yeah, no worries. It's in your account now. Lots of exchanges were getting hacked. A lot of people were getting hacked. It was all just very rudimentary, very basic. Compared to now, you just do stuff on your phone. When Detective Zane had called in to see him at the hotel, James Parker had told him that he had 500 Bitcoin, an astonishing sum. But the thing is, converting that to cash wasn't the easiest thing to do, especially back in 2017. James had been depositing it into his local bank branch on the high street, but they'd become troubled by the size of the numbers and blocked his account. Something his barman pal, Jordan Robinson, had seen happen.
5:55James Parker:Because obviously in that sort of crazy world, I just thought, oh yeah, well, if it is Bitcoin, of course they're going to be wary of it. of course they're going to freeze his account.
6:06Lewis Goodall:He needed a new way to convert his Bitcoin, fast. And surfing the Bitcoin forums, he'd found it. He connected with a man who went by the name of Jamal, who was based in Dubai and who could do just that.
6:24James Parker:You mentioned Jamal a few times. Who's he? Jamal's his business partner over in Dubai. Jamal is his trader Jamal was the person who when James wanted to get some money for his bitcoins that's who he'd send his bitcoins to because apparently in Dubai it's very easy to cash him in so Jamal would get these bitcoins off James take them to people he knew would buy them or sell them on exchanges, that sort of thing and send the money straight back to the UK
7:00Lewis Goodall:Jamal may have been in Dubai, but for James' new PA, he was just a phone call away.
7:07James Parker:I spoke to him a couple of times and he was just a lovely gentleman. I couldn't speak on if he knew that there was anything funny going on. His job was to deal with James' finances, as far as I was aware.
7:23Lewis Goodall:Did he seem shady to you in any way, did you think?
7:26James Parker:Jamal, no. He absolutely wasn't shady. Like I say, he was a really lovely guy.
7:31Lewis Goodall:Unlike with any business, well, you can always do things on the phone, can't you? But it's always better to meet in person. Which brings us back to the airport. So, picture the scene. The unlikely character of James Parker is on his way to Dubai with his friend and financial advisor in tow. But if getting through security is a hassle for the rest of us, spare a thought for the chain-smoking James.
8:00James Parker:I was wheeling him in a wheelchair because he wasn't in very good health. He couldn't walk more than, say, 100 metres without being physically out of breath and having to sit down. Once he does, though, this is the moment. I could see on his face, it was an uncomfortable call. I sort of mouthed to him, who is it? I couldn't obviously hear the other side of the conversation, but I could see his concern. He just literally handed the phone to me and said, you deal with that.
8:37Lewis Goodall:Which was quite the ask, because the person on the other end of the line was the man in charge of the Bitcoin exchange that James had glitched.
8:49James Parker:And he then said, your client's stolen£34 million worth of Bitcoin from my company. I said, well, look, I know absolutely nothing about this, but we're about to board a flight to Dubai. He says, oh, my God, you're running off with all my Bitcoin. I said, well, we're not running anywhere. We're going on a business trip to see a broker in Dubai. I said, look, we're on a seven and a half hour flight now. So I'll get to the bottom of this. And if I can help, I will help. Let me speak to James and get to the bottom of what's actually gone on here. Give us a ring back when we arrive in Dubai. We left the conversation there.
9:42Lewis Goodall:The caller's name was Russell Wilson, the near-billionaire founder of the Coinspot trading platform. He was ringing all the way from Australia, and he wasn't done.
9:56James Parker:Within maybe 10, 15 minutes, we were actually on the plane, taxiing, ready to take off, and we got another phone call from Russell Wilson, where he called James a thief. James told him to f off so I won't speak to him again. I took the phone call again explained, look, let me get to the bottom of it and find out exactly what's gone on. Again, reiterated, if I can help, I'll help. How were you feeling? Were you panicking? I wasn't, no.
10:32Lewis Goodall:You weren't worried at all about it? I mean, it must have come as a shock, as you say.
10:36James Parker:I wanted to know what was going on. But I wasn't panicking. I hadn't done anything wrong. And that's when James explained to me that he had lied to me. He didn't buy Bitcoin when it was 50p in 2009. Discovered a glitch on CoinSpot's exchange. He'd exploited that glitch.
11:03Lewis Goodall:So why did you get on the plane? Because some people listening might think, you know what if that were me I've heard about this
11:11James Parker:it's probably one of my biggest regrets to this day I think well why didn't I just turn around and walk away but I'm not the sort of person that would leave a guy in a wheelchair and just dump him on the gangway to board a plane you could have said let's not go to Dubai I'm going to take you home I don't really want any part of this Yeah hindsight's a wonderful thing Lewis I said look have you stolen Bitcoin to him He said no I haven't stolen anything off anybody I said right come on Will you explain it to me on the plane
11:49Lewis Goodall:You can only imagine What was going through Stephen Boy's head On that flight to Dubai If, if, as he claims This was the first he'd ever heard About the source of his friend's unlikely wealth But rather than simply get cross at his pal, fuming, worrying for hours like the rest of us might have done on that flight, he decided to do something else and talk about in-flight entertainment.
12:18James Parker:I spent the next, well, seven and a half hours researching CoinSpot, looking at their website, their terms and conditions, and he hadn't breached a single one.
12:30Lewis Goodall:which strikes me as a brave conclusion to come to, having heard what he did just hours earlier. But despite James Parker now being thoroughly rumbled, Stephen Boyes had decided to carry on with their gamble, leaving the friends free to enjoy both business and pleasure. Coming through, prepare for landing.
13:22Lewis Goodall:it's just sand sand and lots of buildings in this weird oasis of business and you know people with a lot of money. Tech entrepreneur Fred Shibester again. Everyone in Dubai is doing big deals all the time, apparently. Clearly, there's a lot of money in Dubai. Let's take a look at the cars of my neighbors.
13:44James Parker:Regularly Lamborghinis, Ferraris, Porsches. That's a nice Rolls Royce race.
13:50Lewis Goodall:Non-stop driving around. Another nice car. This is a night green 911. And in that shimmering desert city, If you've got the crypto, you can do anything. Dubai is trying to become one of the hubs of the world of crypto. 100%. In Dubai, you can do anything you want with crypto. You don't pay taxes on it. You can transfer it easily. You can buy a luxury home, a luxury car in crypto. You can cash out hundreds of thousands of dollars in crypto. You can't do that anywhere else in the world.
14:28Lewis Goodall:Now, as luck would have it, Detective Zayn Ulhak had also got wind of this unlikely trip. He'd been phoning both Parker and Boyes trying to arrange another meeting.
14:40James Parker:And they said, oh, we're at the airport, we're going to Dubai. What would somebody from Blackpool, who has never been abroad before, who I didn't think had a passport until very recently, be doing in Dubai, of all places.
14:59Lewis Goodall:Among all of Dubai's opulence and wealth, two unlikely characters from Lancashire. Is he going to be, like, with a handkerchief in knots on his head, sheltering from the sun? I had absolutely no idea. James and Stephen, however, definitely did. Their plan was to set up new business opportunities with Jamal, with whom Stephen Boyes had been in a whirl of appreciative email exchanges, so much so that they'd even given each other nicknames. Maybe it was Stephen's thin, gaunt frame, but he'd somehow ended up getting the name Rodney from Only Fools and Horses.
Read the full transcript
15:41James Parker:So the fact that they're over in Dubai, almost like Delboy and Rodney on one of the Christmas special episodes,
15:49Lewis Goodall:where whatever happens is going to be hilarious. And this Jamal was in on the joke because he seemed to like to be called Denzel, the scouse delivery driver from the sitcom. Lol, as he signed off one email. But this was no joke because as soon as they arrived, he had wads of cash ready and waiting for them to spend. Now, that voice just a second ago was Blackpool comedian Ryan Gleeson, our local guide who we met in the last episode. and we thought he could help us read out some of Stephen Boy's texts that he sent to his wife, which paint quite the picture.
16:30James Parker:Arrived safe and sound, love. Jamal has a full itinerary set for us. He's brilliant, really looking after us. Gave me and James 20 grand each in cash as spending money as soon as we arrived. We're just sorting out the rooms now.
16:46Lewis Goodall:And this would be quite the holiday. I know because I've seen the photos. Sat in the plush hotel restaurant are a beaming trio. Jamal, Stephen Boyes and James Parker in neat blazers, crisp shirts and arms around one another. All smiles for the camera. The nightlights of Dubai City twinkling far below. and Stephen Boyes while he was setting himself up, big time. Another email home to his wife.
17:21James Parker:One million quid ready to go in my bank account when it finally gets opened. Look, he's attached a photo as well. It's all cash. A million. Bloody hell, that's more money than I've ever seen, that. I've never seen anything like it before in my life. Neither had James. There's a picture of him with the cash and gold on the hotel bed.
17:47Lewis Goodall:There most certainly is, and it's an extraordinary picture. A bearded, cowboy-hatted James Parker, grinning in full mirror selfie mode, in front of stacks and stacks and stacks of cash. And in a smattering of other photos, on James and Stephen's phones? Gold. Bars and bars and bars of solid gold.
18:24James Parker:It was ludicrous. Is that how you do business? Is that how anybody does business?
18:30Lewis Goodall:In Dubai, though, it certainly can be.
18:37Lewis Goodall:This desert citadel has become a magnet for crypto traders and investors keen to spend big and spend in style.
18:53Lewis Goodall:And business was something that Stephen Boyes was keen to do with Jamal. For months beforehand, he'd been emailing him daily, keeping a drip feed of Parker's money coming to the UK, thousands at a time in constant deposits. But the pair's dealing with Jamal wasn't just about cash. They had bigger ambitions.
19:15James Parker:James loved luxury. He considered himself to be a very luxurious person, buying gold and jewellery. So, you know, the height of luxury is buying a property in Dubai.
19:29Lewis Goodall:One of the main reasons James and Stephen went to Dubai wasn't just to meet their money man. They wanted his help for bigger, longer-term investments. They wanted to get into property. Villas, to be precise. Expensive villas. Several of them. Well, the villa itself cost, looking, about 5 million dirhams, which was 1.6 million pounds.
20:00James Parker:Right. Half their apartments. Half a mill each. So you're looking at excess of a five, six million pound deal all in. All the apartments were owned by a Russian company, I believe. How many propities did you buy in Dubai? You've got the list, haven't you? I've got a list, but I'm asking if you remember. I think it's four apartments.
20:27Lewis Goodall:Right, hang on a minute here. It's worth just pausing to take this in. A penniless man from a mouldy flat in Blackpool who just months previously had nothing, and I mean nothing, is now in Dubai buying villas for cash. He wasn't a hacker. He was a chancer. And chance to him had been a fine thing. He was a man who put pennies in a gold bowl thinking one day he'd somehow be rich and it had all come true. All because of a glitch on a website and taking the risk on a trip of a lifetime with his pal like a real Del Boy and Rodney. Even though he'd been rumbled, for some reason, he was hell-bent on spending.
21:21James Parker:Where did the money come from to buy them? Bitcoin.
21:27James Parker:So you've given Jamal the Bitcoin to buy these for himself? So let me catch up a second. He goes to a broker. He goes, say the property costs you five gold bars.
21:39Lewis Goodall:You go in, you've got, there's your five gold bars, sign the paper, you get the keys, you own the property.
21:44James Parker:That's how it is in Dubai.
21:50James Parker:a phrase he used was cash is king in jubai and you can get whatever you want anything at all if you've got cash and that's how he secured an almost 500 000 pound discount off a purchase of a villa by paying in cash and gold this was off a group of russians we went round to secure the deal That was another reason for him taking me out there. He wanted to make sure that everything was done correctly.
22:23Lewis Goodall:So, how exactly do you buy apartments from Russians in cash as, you know, a registered financial advisor?
22:32James Parker:Here's another text Stephen Boyce sent to one of his pals this time. It was crazy, mate. Walking around Dubai with five million dirhams in cash in a suitcase as we purchased the properties off the Russians and they wanted cash sales as they checked every single note by hand and the deals took ages just to count the money. It's like something out of a movie, mate. Speak soon. All the best, Steve. And Lockie's mate's even texted him back. Wow, that's fucking like Wall Street movie. You're a star, mate. The text message you're referring to was quite comical and you can imagine the situation. Boyzer's just done a deal and he's got, and we've got the photographs off their phones, He's got 6.4 million dirhams, which is a million in sterling, which is a bulky amount of paperwork.
23:18James Parker:So what do you do?
23:19Lewis Goodall:This is Detective David Wainwright, who would see all of this later.
23:24James Parker:You can't get on the plane home because you'll be stopped at customs. You can't rock up at the local bank because, even in Dubai, they'll ask you where it's come from and seize it from you. So what do you do? He walks round Dubai with this million pounds in sterling, 6.4 million dirhams in a suitcase and he finds his local friendly Russians and buys a villa then has the audacity to complain that it took them all day to counsel the money who on earth would ever think that could possibly be legitimate
23:56Lewis Goodall:hard to think of a situation isn't it here's just a suitcase full of my gold bullion officer yeah the weight of it
24:03James Parker:in a hot country walking around carrying that weight must have been quite an effort in itself and then to stand there in front of a load of Russian don't-know-who people while they count it, you'd be fearful of your life.
24:15Lewis Goodall:It is quite an image to think of them there, isn't it? I mean, a man who's pretty ill and a man who's perhaps not got the most moral struples in the world, very unusual character, not been to that part of the world before, standing there, lugging this case around, as you say, full of gold bullion and notes. What an image, in the middle of the Arabian desert. Did you walk around?
24:32James Parker:Does anyone want to sell me stinklet worth about a million pound, please? What did you do? How do you meet people like that? So the story goes, they ended up spending the day in the back office of this dodgy estate agent while these Russian people counted the money. I mean, how uncomfortable must that have been? And at any point, someone pulls out a gun and you're getting frog-marched out and you've left your money behind. It's such a reckless situation to put yourself into.
25:04James Parker:So you've bought those six properties there? What's the six? One, two, three, four, five, seven. You've bought them with Bitcoin money, and now you have no idea if you still own them on us? No. No involvement with them, or sort of, any more.
25:30Lewis Goodall:Before he'd left, James had shown his friend, Kelly Caton, exactly how to use the glitch snug together at the hotel bar. And considering where Kelly had come from, perhaps it's not surprising that she'd started glitching Bitcoin of her own off the CoinSpot trading platform. Kelly's daughter, Kimmy.
25:48James Parker:She started actually treating herself to things. For the longest time, she just never bought anything for herself. If there was any money to go somewhere, it would go on us, you know, to buy the things that we wanted.
26:05Lewis Goodall:Kelly was able to make Bitcoin from the glitch, sure enough. But there was no Dubai money man for her to make them into cash. She had to do something a bit more basic, buying online store cards with them through websites, accepting Bitcoin as payments.
26:21James Parker:What, Kelly, can you tell me about Gift Off? Um, it's a website that sells gift cards for various shops and things and accepts Bitcoin in payment. Okay, have you used that website? Yeah. And what kind of things have you purchased? Uh, gift cards. For which shops? Um, Tesco, um, Devon's I believe. then...
26:58Lewis Goodall:In total, Kelly would glitch 337 Bitcoin to her own wallet, done mostly with James beside her at the hotel, a total that by March of 2018 would have been worth a stunning£2.8 million.
27:18James Parker:Did you worry that it may not have been legal? Well, again, no, because of everything that James was doing and Stephen was assuring us that this was fine to do, he was the financial expert. I'd also spoken to solicitors. You know, it didn't feel illegal.
27:45Lewis Goodall:When the money was flowing, did you really really never think this can't be right or legal did you never did it never really cross your mind in a sustained way to think there's got to be something dodgy here from my
28:03James Parker:recollection there was no sustained suspicion that really flashed through my mind i've always been a mummy's girl and so I have always just believed at her words the things that my mum said so when she mentioned about the glitch really there was no red flags or you know warning lights that went off for me I just believed her I just thought that wow James is very lucky and fortunate to have found this and it couldn't have happened to a better person and I'm really glad that our family is has found a way to get out of the situation that we've been in but no there was never any real suspicion from my behalf to be honest do you understand why some people might find that difficult to believe absolutely absolutely i do i do and i don't expect people to just believe me at my word either i'm not here to try and convince anybody i'm just here to tell my story.
29:04James Parker:I've always been a very naive person. I'm not proud of my naivety, but it is something that rears its head quite often.
29:15Lewis Goodall:And of course, it wasn't just Kelly. Jordan was at it too.
29:21James Parker:Prior to me making this account, Kelly had already made an account and before I knew it, She'd already made 100 Bitcoin dues in his method. And all he ever kept saying to us is it's all above board. It's a glitch in their system. You're not profiting off anyone. You're profiting off a glitch, which is all legal.
29:45Lewis Goodall:But let's go back to the sunshine, back to Dubai, because it's here that I can let you into one of the most intriguing parts of this whole tale. It turns out when Coinspot called James Parker, they weren't just calling him a thief. They'd also offered a deal. A deal to make the embarrassing loss of millions of dollars worth of crypto from their sides all go away. It was a deal Stephen Boyes was eager to get done. You're his financial advisor. Clearly, you must have been a big alarm bells going off in your head. What did you advise him to do?
30:27James Parker:I advised him to listen to Russell Wilson to settle with him. He was offering him a civil settlement. He said, you can still walk away from this, a very rich man, if you give me back a good proportion of the Bitcoin that you've stolen.
30:47Lewis Goodall:This is Detective David Wainwright.
30:50James Parker:Coinspot ring Parker, give us the money back, and he gets an FU. Boies then steps in he takes it upon himself representing his client from Dubai to start a negotiation basically what you'd call is a non-disclosure agreement although he called it a gagging order don't tell the cops and we'll return 436 because that's all we're allowed to return can't find the rest it's all lies
31:25Lewis Goodall:The author of a deal? It was like a gift from the gods. But to pull this higher wire act off, newly minted millionaire Stephen Boyes has to retrieve as many Bitcoin as he can. And that's when he begins phoning everyone who was shown the glitch. Which is when their panic truly sets in.
31:51James Parker:So Google searches were made. And again, same black laptop. Is taking advantage of a glitch illegal? Was that you who did that Google search? Yeah, I was making sure it wasn't illegal. Okay. So these are the ones. Can I prosecute someone who exploited a glitch to take money from my website? Program glitch payments not taken in Bitcoin trade. Prosecuted for profiting from a glitch. illegal to make money from a glitch a glitch in trading website cryptocurrency So this is when I was made aware of this situation
32:36James Parker:What did you start to think when a contact contacts you to say it's now coming on top we need to get the money out Well that's when I started shitting myself
32:47Lewis Goodall:James Parker's new friends may have been shitting themselves and rightly so, but this strange man was in no mood for fessing up. In the next episode... I remember my mum being very stressed and panicked at that moment.
33:03James Parker:I was really worried for her. They were all in it for themselves. At different stages, different people have manipulated other people.
33:14Lewis Goodall:And I begin digging a lot deeper into the real James Parker, A man who just gets even more curious.
33:24James Parker:That was when the God thing, I think, he would become God and he thought he was God. It's so strange.
33:32Lewis Goodall:What do you mean God? He'd become God.
33:34James Parker:He had this thing, James had this thing that he was put on this earth to prove to God through his actions in his life that he could ascend onto God so God could retire.
33:45Lewis Goodall:Yes, you heard that right. Coining It is a Global original podcast produced by Global and Free Turn. I'm Lewis Goodall. This series was written and recorded by series producer Kieran Tracy. Additional writing by Barney Roundtree. Production and sound design by Barney Roundtree. The executive producer for Free Turn is Robbie Ashcroft for Global. The director of podcast is Vicky Etchells. And the head of Factual Podcast is Al Riddle. Don't forget you can listen to each episode for free on Global Player. download it from the app store or head to globalplayer.com. If you like what you hear, don't forget to leave us a review.
34:24Lewis Goodall:See you next time.
34:30James Parker:This has been a Global Player original production.
From the publisher
You've loved Coining It, so it's back for episode 3. Thank you for the brilliant response to the first two episodes. If you don't want to wait for episode 4 on this feed, the entire series is available now on Global Player or wherever you get your podcasts.
In this episode... Destination: Dubai. James Parker and his newly hired financial advisor are on the trip of a lifetime - to meet a man who can turn their glitched Bitcoin into gold and cash. But just as they’re about to board the plane, James gets a call. It’s the owner of the trading platform… and he wants his money back. Now.
From Global and Free Turn, Lewis Goodall uncovers the true story of a man who found a crack in the system and pulled his whole world through it.