For HyperTech and its Ponzi scam, the HyperFund, November was an exciting month:
Ryan Xu, the owner of HyperTech, has vanished, one of Sam Lee and Ryan Xu’s Australian shell businesses has failed, HyperFund withdrawals have been banned, Boris has taken over as CEO of HyperTech, Hyperverse has been announced, and the website for HyperFund has been taken offline.
A HyperFund advertising event that was originally planned for the US ended up turning into another cryptobro snorefest.
To the best of my knowledge, Rodney Burton’s “Reinvent Yourself With Crypto” event didn’t feature HyperTech owner Ryan Xu.
Xu uses HyperTech as the overarching front firm for all of his cryptocurrency Ponzi schemes.
If Xu (also known as Zijing Xu) went to Burton’s event, it was kept very quiet. The same goes for any reference of HyperTech or HyperFund.
Investors in HyperFund may find the fact that Xu hasn’t been seen since he declared his intention to attend Burton’s event more worrisome.
It’s been two months since then.
The remainder of the HyperTech/HyperFund management, including Xu, is said to be hiding out in Dubai.
In order to explain Xu’s absence, HyperTech unveiled a new CEO for Boris:
As the “new executive officer” of HyperTech, “Steven Reece Lewis” presents himself.
Lewis’ cover narrative as the Boris CEO is that he “joined HyperTech Group at the start of 2021.”
Lewis has never been seen by anyone within or outside of HyperTech and HyperFund before. Lewis, of course, does not exist outside of this particular HyperTech promotional film.
Although it was recently removed, there was a LinkedIn page that looked to be of a younger Lewis.
Probably when Xu selected Lewis to portray the CEO of HyperTech.
Lewis claims in his introduction video that Xu vanished as a result of Chinese crypto laws:
Unfortunately, Chinese leaders on our management team will have to take a small step back due to the crypto ban in China.
This is obviously absurd given that Xu has been hiding away in Dubai since at least the first quarter of 2021.
After Xu vanished and Lewis was became CEO of Boris, HyperFund MOF withdrawals were banned.
In the comments section of BehindMLM’s HyperFund review from November 22nd, I made note of this.
The week before the start of the US Christmas shopping season, HyperFund disabled withdrawals.
Clearly, this is not a coincidence.
The stated justification, however, is that MOF is being switched from an ERC-20 garbage coin to a TRC-20 garbage token by HyperTech.
Once more, this ploy is absurd.
An ERC-20 token may be created in 5 minutes. A TRX-20 token’s setup is also a simple task.
The final step is to replace MOF ERC-20 with MOF TRX-20 in HyperFund’s database after spending five minutes creating a MOF TRX-20 coin.
It would not take almost two weeks to do this.
In related news, the Blockchain Global front firm failed in November.
In 2014, Ryan Xu and Sam Lee (also known as Xue Lee), under the name “BitCoin Group,” co-founded Blockchain Global.
The foundation of Xu and Lee’s HyperTech cryptocurrency Ponzi business was laid by Blockchain Global.
After its “blockchain exchange platform,” ACX, failed in 2017, Blockchain Global essentially turned into a shell business.
Top proponents of HyperFund started selling “HyperFund 2.0” late last month in an effort to divert attention from everything else.
On December 6, HyperFund 2.0 is slated to debut, and it involves “Hyperverse.”
This appears to be an effort to capitalize on Facebook’s recent rebranding and creator Mark Zuckerberg’s concept of the “metaverse,” as far as I can determine.
There are few specifics. There are various promotional films for VR games available (again ripping off Facebook and their Oculus platform).
It may be a tie-in because Rodney Burton often brings up NFTs.
There are several Ponzi schemes that disguise the use of NFTs in poor mobile games as technical advancement.
Watch this space for any announcements on December 6th, I suppose.
The website for HyperFund has been taken down in the meantime for “maintenance”:
According to HyperFund, withdrawals will once again be possible between December 4 and 6.
According to Alexa traffic estimates, Saudi Arabia (6%), Canada (10%), and the US (44%) are the top three countries where HyperFund investors are now being sought for.
The US government has not yet publicly acted against HyperFund, its sponsors, or its management.
11th August 2022 update The official Hyperverse YouTube account has removed the Steven Reece Lewis unveiling video.
On April 20th, 2022, a marketing film for Hyperverse featured Lewis for the final time.
On June 25, Lewis’ Hyperverse Twitter spam account was deleted.