#hyperversescam

HyperVerse, previously known under names like HyperFund, HyperTech, and HyperNation, was marketed as a cryptocurrency and metaverse investment platform promising high returns. While it attracted global investors with the promise of daily rewards and bonus incentives for recruiting new members, the platform operated as a Ponzi and pyramid scheme.

The scheme relied heavily on recruitment rather than generating revenue from real products or services. Early investors were paid using funds from new participants, creating the illusion of profitability. Members were encouraged to continuously refer new users to increase their earnings, a hallmark of pyramid-style operations. Over time, this structure became unsustainable, leaving many investors unable to withdraw their funds.

Regulators across multiple countries issued warnings about HyperVerse, highlighting its high-risk nature and unlicensed operations. The founders, Sam Lee and Ryan Xu, have a history of similar ventures, and the repeated rebranding of the company appears to be an attempt to avoid scrutiny and continue attracting new victims.

The financial and emotional impact on investors was significant, with many losing large sums of money. HyperVerse serves as a cautionary example of how unregulated investment schemes can exploit trust and promise unrealistic returns.

Protect Your Investments with Proupshot

HyperVerse (also seen as HyperFund, HyperTech, HyperOne, HyperNation) was promoted as a futuristic decentralized platform that combined cryptocurrency trading, social networking, and gaming. Founded by Sam Lee and Ryan Xu, it attracted investors globally with promises of high rewards—daily returns, massive referral bonuses, and nearly 98% profits.

However, what appeared glossy turned out to be deeply problematic. Regulators in multiple countries, including the UK (FCA) and Australia (ASIC), have officially flagged HyperVerse and its related entities for operating fraudulently. The business model is essentially a Ponzi / pyramid scheme: earnings were paid out using money from new investors rather than from real profits or legitimate economic activity.

Another red flag: repeated rebranding. Every time HyperVerse came under pressure, it reportedly re-emerged under a different name, using the same people, marketing strategy, and structure. Such rebranding is a common tactic to avoid regulatory scrutiny and carry on recruiting unsuspecting victims.

Investors have also reported that the websites associated with HyperVerse are now offline, removing points of contact, and making it harder for people to even trace who to hold accountable.

Take Action Now with Lycan Retrieve