Chief Executive of Collapsed Crypto Fund Hyperverse does not Appear to Exist

Chief Executive of Collapsed Crypto Fund Hyperverse does not Appear to Exist

The HyperVerse crypto fund has been using a chief executive officer whose qualifications appear to be fake in order to promote the scheme and attract new investors.

Alongside messages of support from celebrities, this push is meant to create a sense of legitimacy and trust in the fund. However, potential investors should be wary, as it seems that this CEO is nothing more than a fraud.

An investigative report released last month by Guardian Australia has revealed that thousands of people have lost millions of dollars to the HyperVerse crypto scheme, which was heavily promoted by the Australian entrepreneur Sam Lee and his business partner, Ryan Xu, two of the founders of the collapsed Australian bitcoin company Blockchain Global.

The blockchain company, Blockchain Global, has a debt of $58 million to its creditors. The company’s liquidator has referred Xu and Lee, the company’s founders, to the Australian Securities and Investments Commission for possible breaches of the Corporations Act.

ASIC has said it does not intend to take action at this time.

The HyperVerse investment scheme has managed to fly under the radar of Australian authorities, despite being flagged by overseas regulators as a possible scam or pyramid scheme.

Lee has denied HyperVerse was a scam and disputes being its founder. Guardian Australia has not been able to contact Xu for comment.

Lee has denied HyperVerse was a scam and disputes being its founder. When Guardian Australia attempted to contact Xu for comment, he could not be reached.

Steven Reece Lewis, the chief executive officer of HyperVerse, made a global online launch event in December 2021.

A clutch of celebrities released video messages of support on Twitter the following month, including the Apple co-founder Steve Wozniak and actor Chuck Norris.

Reece Lewis, the mastermind behind HyperVerse and HyperFund, is a graduate of the University of Leeds and holds a master’s degree from the University of Cambridge.

With this impressive academic background, Lewis is more than qualified to develop innovative new schemes like HyperVerse and HyperFund.

Lee Reece, HyperTech’s new chairman, spoke at the launch event about his plans for the company. Xu, the founder of HyperTech, introduced Reece and praised his “strong performance and drive”, citing his credentials as the reason for his recruitment.

Lee Reece, HyperTech’s new chairman, spoke at the launch event about his plans for the company. Xu, the founder of HyperTech, introduced Reece and praised his “strong performance and drive”, citing his credentials as the reason for his recruitment.

Adobe, a publicly listed company, has no record of any acquisition of a company owned by Steven Reece Lewis in any of its public SEC filings.

Goldman Sachs could find no record of Reece Lewis having worked for the company.

Guardian Australia was unable to find a LinkedIn profile for Reece Lewis or any internet presence other than HyperVerse promotional material. The only online presence for Reece Lewis seems to be the HyperVerse promotional video, which was released a month before his Twitter account became inactive.

Celebrity Support

HyperVerse was promoted as a new digital metaverse that would rival Facebook, where members could explore the new frontier of a galactic universe and bring to life their own complete virtual world.

This innovative new platform would allow users to create their own unique online persona and interact with others in a completely immersive environment.

Whether you’re looking for a place to socialize, make new friends or simply escape the real world, HyperVerse is the perfect destination!

In the video, Reece Lewis encouraged people to become early supporters of HyperVerse, saying the company would “revolutionize how people live, how we interact with people around the world, and even how companies and corporations will conduct business”.

“The problem is I’m not involved”

Some HyperVerse members have reported facing problems withdrawing funds from the scheme in the first half of 2022. They were then encouraged to migrate to a new platform called HyperNation.

A May 2022 launch event video for HyperNation broadcast on YouTube featured masked promoters called “Mr H” and “Miss N”. Reece Lewis, the founder of HyperVerse, did not feature and was not referred to in the video.

“Mr H” described himself in the video as an “evangelist in the new world order” and he and “Miss N” were presented as the “official ambassadors of HyperNation”.

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