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• Crypto fund Hyperverse – run by “fake people”.
• Actors focused on crypto fund lies appear innocent and bewildered at first glance.
• The recent crypto fund collapse is an unfortunate echo of 2022 and 2023.
An investigation has revealed that the CEO of failed cryptocurrency fund HyperVerse (formerly Hyperfund) does not actually exist. No one had any doubts about Stephen Rees-Lewis, who was introduced to investors in December 2021 with an exemplary list of “strong credentials.” In fact, the company says those qualifications were the driving force behind his hiring. But it didn’t take long for suspicions to grow among investors, and various organizations began investigating the mysterious man, but no record of him was found anywhere.
Just a month after being introduced to the world as CEO of HyperVerse, video messages of support from celebrities like Apple co-founder Steve Wozniak were posted online.
A cryptocurrency fund run by a cryptocurrency CEO?
Stephen Rhys Lewis is said to have graduated from the University of Leeds and obtained a master’s degree from the University of Cambridge. Both universities said they had no record of anyone by that name on their rosters.
During HyperVerse’s global launch, potential investors were given a summary of Lewis’ background. Before joining HyperTech Group to lead HyperVerse, Mr. Lewis is believed to have held positions at Goldman Sachs, founded an IT startup, and successfully sold a web development company to Adobe. Of course, this was not true at all, since he did not exist.
meanwhile Guardian’s As a result of their investigation, journalists found no trace of Stephen on the UK company register, the US Securities and Exchange Commission or the Enterprise Office. No trace of Mr. Lewis has been found in Goldman Sachs’ records, and Adobe’s public SEC filings do not mention that it acquired a company owned by Stephen Lessy Lewis.
The fact that Mr. Lewis turned out not to exist will not come as a surprise to many. Guardian Australia investigation Thousands of individuals were found to have suffered huge losses in the HyperVerse cryptocurrency scheme. The initiative is backed by Australian entrepreneur Sam Lee and his business partner Ryan Hsu, both co-founders of now-defunct Australian Bitcoin company Blockchain Global. Ta.
According to reports, Blockchain Global has debts worth $58 million, and Mr Li and Mr Hsu have been referred to the Australian Securities and Investments Commission for alleged breaches. company law.
Stephen Rhys Lewis’ true identity revealed
like an episode of scooby doo, and much more bizarrely, Stephen Rhys-Lewis is unmasked as Steve Harrison (Steve Harrison) (Steve Harrison), a British man living in Thailand. After US-based YouTuber Jack Gamble tracked him down through social media and LinkedIn, Harrison came forward and admitted he had been paid. activity As CEO of HyperVerse. He is believed to have been paid about $7,500, or 180,000 Thai baht, over nine months. Oh, and it’s also said that he got a free cashmere suit for solving his troubles. Because obviously there should be benefits.
Stephen Harrison said he was “shocked” to learn that HyperVerse had highlighted his fake credentials to promote its plans. People have suffered significant losses under the scheme, estimated to amount to around US$1.3 billion in 2022, Harrison said. Because they believed in some idea that I led and believed in what I said. And because God knows what these people have lost. And I feel really bad about this. ”
He continued, “I just hope there’s some resolution. I know it’s going to be difficult to get money back from these people and others, but for them to get to the bottom of this issue. I just hope that some justice is served in all of this.” Mr Harrison denied any involvement in the financial losses, saying he was “certainly not pocketing” what investors lost.
Harrison said a friend of a friend approached him with the offer from HyperVerse. With experience as a freelance TV presenter, he admitted that he was new to the industry and was open to working, seeing this as an opportunity to work as a corporate presenter.
“I was told I was acting in a role representing the business, and a lot of people do that,” Harrison said. He says he was skeptical at first because he had little experience in the cryptocurrency industry, but was reassured by his agent that everything about HyperVerse was legal.
Mr Harrison admitted that all the qualifications and work experience he cited in his presentation were false, saying he only had “GCSEs” and was “certainly not at that level”.
If a crypto fund goes bust due to a non-existent CEO, will people really lose money? Yes. Yes, they do it.
Harrison’s involvement in this strange chapter in the crypto world may not be clear, but HyperVerse promoter Rodney Barton, also known as “Bitcoin Rodney,” has been arrested and charged with fraud in the United States. He was indicted. Sam Lee is believed to be hiding in Dubai, while Ryan Hsu has not been seen in public since the collapse of his cryptocurrency company.
Crypto Ponzi schemes are nothing new, but the story of HyperVerse was extraordinary, almost unfathomable. This isn’t the first, and it certainly won’t be the last.
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