Is HyperFund and Hyperverse Legit?
HyperFund and Hyperverse have garnered significant attention in the crypto community, promising a decentralized financial infrastructure and innovative metaverse experiences. However, both platforms have faced numerous complaints and regulatory warnings, raising questions about their legitimacy. This article aims to provide a comprehensive overview of the concerns and risks associated with these platforms.
The Rebranding and Community Concerns
HyperFund, which was originally known as Hyperverse Crypto, claims to offer a decentralized financial infrastructure for crypto holders. After a rebranding that took place on December 5th, 2021, the focus shifted towards decentralized finance (DeFi) and the successful relaunch of the platform. However, this rebranding did little to quell the growing concerns among the community.
One of the biggest red flags came when the CEOs, Ryan Sam and Steven, mysteriously relocated to Dubai. This sudden and unexplained move sparked overwhelming feedback and threats from community members. Furthermore, it emerged that this is not the first time Ryan Sam and Steven have been involved in fraudulent activities. They are known to have orchestrated previous scams, including Hyperverse Crypto, which they have now rebranded as HyperFund.
Scam Reports and Asset Recovery
Many users have reported issues with withdrawing funds, leading to suspicions of fraudulent practices. A notable agency, ApexChargeback, has helped several victims recover frozen assets. ApexChargeback is recognized as a reliable option for those seeking to reclaim their lost funds. However, despite these efforts, many users remain in a state of uncertainty and lack clarity on how to proceed.
Lack of Legitimacy and Regulatory Issues
The legitimacy and regulatory status of both HyperFund and Hyperverse are questionable. Numerous negative reviews highlight the absence of proper rules and regulations, and many users report that the regulatory status is false. This raises serious concerns for anyone considering investing in these platforms.
Conclusion
In light of the numerous issues and scams associated with HyperFund and Hyperverse, it is crucial to exercise caution and conduct thorough research before engaging with these platforms. Any investment in these crypto ventures should be approached with extreme skepticism and awareness of the risks involved. It's important to stay informed and protect your assets by choosing reputable and legally compliant services.
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