Company:HyperVerse

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Short description: Defunct cryptocurrency hedge fund


HyperVerse is a defunct cryptocurrency hedge fund (formerly Hyperfund). The collapse of the company resulted in approximately $1.3 billion in customer losses. [1][2][3]

A certain Steven Reece Lewis was the putative CEO of HyperVerse; he was introduced online in a December 2021 video. A Twitter account that had been established a month before and that touted the scheme has since been rolled up.

References

  1. ↑ Martin, Sarah (13 December 2023). "Investors lose millions as crypto schemes operate unchecked in Australia". The Guardian. ISSN 0261-3077. https://www.theguardian.com/australia-news/2023/dec/14/crypto-currency-schemes-investors-losing-millions-regulation-hyperverse-warning-ntwnfb. 
  2. ↑ Belanger, Ashley (3 January 2024). "Crypto hedge fund CEO may not exist; probe finds no record of identity". https://arstechnica.com/tech-policy/2024/01/crypto-hedge-fund-ceo-may-not-exist-probe-finds-no-record-of-identity/. 
  3. ↑ Martin, Sarah (3 January 2024). "Chief executive of collapsed crypto fund HyperVerse does not appear to exist". The Guardian. ISSN 0261-3077. https://www.theguardian.com/technology/2024/jan/04/chief-executive-of-collapsed-crypto-fund-hyperverse-does-not-appear-to-exist. 



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