HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities and Exchange Commission (SEC) and a grand jury allege in a lawsuit and criminal ...

The alleged Ponzi scheme once hired an actor residing in Thailand to act as its CEO when it launched in 2021, according to a newly filed SEC complaint. At least two people were behind an alleged $1.7 ...

United States authorities arrested and charged Rodney Burton for allegedly defrauding more than $7 million through a fake investment scheme, according to allegations submitted by the U.S. Internal ...

Last week in the world of crypto, the world has unmasked significant scams and hacks happening across the industry, with one of the top issues centering on SEC's X account that hackers accessed. It ...

Bizarre videos promoted the alleged Ponzi scheme and senior promoters lived the high life, but for thousands around the world the reality was a huge financial loss “Can you imagine,” the presenter ...

Promoters of the scheme, which collapsed owing millions, targeted countries such as Nepal, with claims some investors took out bank loans to buy packages The HyperVerse cryptocurrency scheme targeted ...

The HyperVerse cryptocurrency scheme, primarily targeting investors in developing nations across Asia, Africa, and the Pacific, crumbled, leaving many unable to access their funds. In Nepal, ...