With a pyramid scheme, HyperVerse took billions out of people's pockets.
Even the boss was fictitious. The crypto company HyperVerse was a fraud scheme.
The Guardian has now discovered that the CEO Steven Reece Lewis was also made up.
Support from Chuck Norris For the first time, the HyperVerse CEO appeared in a YouTube video in 2021. HyperVerse
also invented a suitable resume for his fake boss. The man allegedly worked as an investment banker at Goldman Sachs after
completing his master's degree at the University of Cambridge. He also successfully founded a start-up before being
poached by HyperVerse as CEO, the company claimed. The CEO then addressed the masses with YouTube video messages
and recommended dubious investments. Reece even had famous supporters. Apple co-founder Steve Wozniak and actor
Chuck Norris publicly spoke out in support of Reece and his company.
300 percent profit The crypto company HyperVerse, founded by two Australians, advertised 200 percent profits per year,
sometimes even 300 percent. They also offered their own tokens called HDAO and HVT.
Behind this was a pyramid scheme designed to recruit more and more people. Anyone who took a closer look at the
crypto company could have noticed that something was wrong. There was hardly any information about HyperVerse.
As early as 2021, the British financial regulator FCA warned that Hyperverse could potentially offer illegal financial services.
Other regulators followed suit. Nevertheless, a lot of money continued to flow into HyperVerse's fraud machine.
1.3 billion US dollars are said to have flowed into HyperVerse financial products in 2022.
The company no longer exists and the crypto currencies it invented are worthless.
Journalists checked information in the CV Journalists from the Guardian discovered the fake CEO by checking
his information: the universities where the man supposedly studied had no information about him.
Even Goldman Sachs had never heard of the man. His only social media profile was on Twitter and was created
a month before the first YouTube video. The journalists were unable to find out who the man in the video was.
However, you can book your supporters Wozniak and Norris to read out an advertising message for a fee.