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Home La Provincia

Who is Mani Thawani, the ‘king’ of cryptocurrencies from Gran Canaria?

August 26, 2022
in La Provincia
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Who is Mani Thawani, the ‘king’ of cryptocurrencies from Gran Canaria?
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Who is Mani Thawani, the ‘king’ of cryptocurrencies from Gran Canaria?

The celebration of the ‘Metaverse Day’, the cryptocurrency event organized by the company crypto worldis scheduled for Saturday, August 27 at the WiZink Center in Madridwhere they plan to host some 7,000 attendees interested in bitcoin and related topics, but its previous days have not been without controversy. The creator of the organizing company is from the Canary Islands.

Is about Mani Thawaniborn in San Bartolome de Tirajana in 1992. After a few years of life, he moved to Tenerife, where he studied at an English school, his third language behind Spanish and Hindi, where his family originated.

After the death of his father, his life changed.. At the age of 16 he had to drop out of school because the family’s economic situation was not the best. I like to study a lot and I am very fond of reading, I cannot fall asleep without doing it first“, but “I took the risk of getting to work and doing online courses to train myself”as he told the newspaper El País.

“2008 was the best year of my life. I could live with 5,000 euros at the age of 17, that is glory. I took all kinds of courses in math, physics, marketing, sales. I did all kinds of training and when that year came I decided to continue working and studying online. In my twenties, I had a huge advantage over my friends who had a career: I had the same knowledge, but I had income and no debt.“, he claimed.

“When Bitcoin arrives in 2016. I made the money because I didn’t sell or buy fast. I turned from the geeks. I am a maximalist of Bitcoin and I do not intend to sell them“, He assured in an interview with El Español.

decided to create crypto world due to the lack of online courses on the subject since “those that were there did not teach you anything”

Under the magnifying glass of the CNMV

The National Securities Market Commission (CNMV) It has already warned that the organizers “do not have any type of license to advise on financial instruments or intermediate investment operations on financial instruments.” The suspicions about Mundo Crypto are of such a caliber that the regulatory body includes it on the ‘grey list’, where I’M Academy is also. This presumed international online academy without physical headquarters attracts young people to take supposed training courses in cryptocurrencies. The reality is that kids end up hooked and living only for I’M Academy.

Not only is there a pyramid scheme (the courses on investment in cryptocurrencies they cost money and each member has to recruit others to continue in the organization and have discounts) but there is a special abuse of young people. “They indoctrinate them, recruit them and get them to leave their families and their studies. The modus operandi is identical to that of the networks that recruit for jihadism. In these groups there is coercive persuasion, which in Spain, unfortunately, is not typified in the Penal Code”, explains Juantxo Domínguez, president of the Spanish observatory on sectarian aberrations, RedUNE. “They are old-fashioned sectarian groups, but adapted to the 21st century,” he continues.

What are cryptocurrencies?

Cryptocurrencies are digital currencies represented by an encrypted code impossible to ‘hack’ that uses a complex computer technology called ‘blockchain’ to attest to the operations that are made with it. Three quarters of the population have heard of or know to some extent it is a cryptocurrency. But the degree of general knowledge is very low”, according to a report by the National Securities Market Commission. The profile of the investor in cryptocurrencies corresponds to that of a man with an average age of around 40 years, although with a special weight of ages between 25 and 44 years.

The president of RedUNE has demanded that the event in Madrid be canceled “because social responsability”, describing as “aberrational” that a publicly owned facility owned by the Community of Madrid, hosts this type of event.

“The media lies to you”

The organizers have been using the social networks to put out the fire created and make clear his ‘innocence’. “The media lies to you” they announce. Cult experts say that the first commandment of a psychological pressure group is, precisely, the iron control of information and the fact of never accepting even half criticism.

Sevi Shehu, Head of Crypto World, who defines himself as a “specialist in commercial strategies and with experience in educational techniques”, recorded a video to make it clear that the media are “enraged” and want to “put limits on knowledge”. After assuring that the cryptocurrency market is volatile, she stated that the speakers will talk about the advantages and risks of ‘online’ money. Shehu stated that the event will be strictly educational and that no member of the organization will advise anyone.

Another person in charge of the organization, Javier Medina, published a video in which he insisted on the “educational character” of the meeting. “Mundo Crypto is a defender of a sensible regulation of cryptocurrencies, which are available to anyone with an internet connection. We are professional trainers so that people do not fall for scams.”



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