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HyperVerse hedge fund CEO may not exist — Investigation finds no record of identity after collapse causing an estimated $1.3 billion in customer losses (arstechnica.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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HyperVerse hedge fund CEO may not exist — Investigation finds no record of identity after collapse causing an estimated $1.3 billion in customer losses::HyperVerse's collapse caused an estimated $1.3 billion in customer losses.

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[–] autotldr@lemmings.world 8 points 10 months ago

This is the best summary I could come up with:

For years, rumors spread on social media that Steven Reece Lewis, the chief executive officer of a now-shuttered cryptocurrency hedge fund called HyperVerse, was a "fake person" who "doesn't exist."

Fanning out their search, The Guardian uncovered no LinkedIn account for Reece Lewis "or any Internet presence other than HyperVerse promotional material."

Celebrities and influencers, including Apple co-founder Steve Wozniak, endorsed Reece Lewis as a strong leader for the HyperVerse.

In 2022, a writer for the British tabloid called The Mirror, Andrew Penman, attempted to raise a red flag, noting that all three of the celebrities (Wozniak, Chuck Norris, and Lance Bass) who endorsed Reece Lewis declined to confirm ever knowing him.

None of the famous figures has ever confirmed that they've met or spoken to Reece Lewis, the Guardian reported, suggesting that it was possible that all three may have been hired to do the marketing videos through Cameo.

While his identity remains in question, his pinned tweet has a link to a promo video for the HyperVerse, with a caption that reads, "where reality ends and imagination begins."

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