In a startling revelation, an investigation by The Guardian Australia has uncovered questionable credentials surrounding the chief government officer purportedly main the beleaguered HyperVerse crypto fund. The CEO in query, Steven Reece Lewis, is alleged to have non-existent {qualifications}, elevating considerations concerning the veracity of his involvement in selling the HyperVerse crypto scheme.
The HyperVerse crypto fund, beforehand uncovered by The Guardian Australia for inflicting substantial monetary losses to hundreds of traders, is linked to Australian entrepreneurs Sam Lee and Ryan Xu, founders of the collapsed Blockchain International. Lee and Xu, dealing with accusations of potential breaches of the Companies Act, have been referred to the Australian Securities and Investments Fee (ASIC) by the liquidator overseeing Blockchain International’s money owed, which quantity to $58 million.
Regardless of abroad regulators flagging HyperVerse as a “potential rip-off” and a “suspected pyramid scheme,” Lee vehemently denies any fraudulent actions related to HyperVerse. Notably, The Guardian Australia’s makes an attempt to contact Xu for remark have confirmed unsuccessful.
Throughout a web-based international launch occasion in December 2021, Steven Reece Lewis was launched because the HyperVerse CEO, with endorsements from notable personalities akin to Apple co-founder Steve Wozniak and actor Chuck Norris. Nonetheless, an in-depth investigation by The Guardian Australia has revealed that neither the College of Leeds nor the College of Cambridge has any document of a Steven Reece Lewis, questioning the legitimacy of his claimed tutorial background.
Moreover, data from the UK firms register, Corporations Home, and the US Securities and Trade Fee present no hint of Steven Reece Lewis. Moreover, Adobe, a publicly listed firm since 1986, has no documented acquisition of an organization owned by Reece Lewis in any public SEC filings. The investigation has additionally discovered no proof of Reece Lewis’s employment at Goldman Sachs, as asserted within the promotional materials.
The Guardian Australia, in its pursuit of verifying Reece Lewis’s id, didn’t discover a LinkedIn profile or any web presence past HyperVerse promotional materials. The authenticity of a Twitter account attributed to Reece Lewis, arrange a month earlier than the HyperVerse video launch, can be questionable, because the account turned inactive after selling the scheme for simply six months.
As traders face difficulties withdrawing funds from HyperVerse, the fund has undergone transformations, resulting in the emergence of a brand new platform named HyperNation. Nonetheless, the connection between HyperVerse and HyperNation stays unclear, with statements from firm insiders suggesting a unified entity.
The investigation has uncovered discrepancies, elevating considerations concerning the transparency and legitimacy of HyperVerse’s operations. The unfolding occasions underscore the necessity for enhanced regulatory scrutiny within the cryptocurrency sector, the place schemes like HyperVerse have reportedly triggered substantial monetary losses.
For these impacted or in search of monetary help, the nationwide debt helpline is offered at 1800 007 007. For any extra data, contact sarah.martin@theguardian.com.
