Hyper fund business. 7 billion from investors worldwide.

Hyper fund business. HyperFund operated a purportedly legitimate decentralized finance, or […] Oct 10, 2024 · The SEC announced charges against two of the leaders involved in HyperFund, an alleged crypto pyramid scheme that raised over $1. Jan 29, 2024 · The HyperFund Ponzi scheme collapsed in 2022 after promising investors massive returns from crypto minining operations that didn't exist, the DOJ says. Jan 29, 2024 · The Securities and Exchange Commission today charged Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) for their involvement in a fraudulent crypto asset pyramid scheme known as HyperFund that raised more than $1. 89 billion from investors, and brought civil and criminal charges against its founder. 7 billion from investors worldwide. . 7 billion. 7 billion Feb 14, 2024 · Last week, the SEC brought an enforcement action against Xue Samuel Lee and Brenda Indah Chunga (a/k/a “Bitcoin Beautee”), alleging a crypto-related “HyperFund” Ponzi scheme that defrauded investors of over $1. The authorities in the US have busted the crypto Ponzi scheme, HyperFund, that raised up to $1. Lee claimed to be involved in “Large Scale Crypto Mining,” including bitcoin, that promoters asserted was a key revenue source for HyperFund. The complaint alleges that membership interests in the scheme constituted securities, and asserts claims for the offer and sale of unregistered securities and the Feb 4, 2024 · The charges allege a Ponzi scheme operated under the guise of a lucrative investment opportunity. According to the SEC’s complaint, from June 2020 through early 2022, Lee and Chunga promoted HyperFund “membership” packages Nov 12, 2024 · Sam Lee AKA (Xue Samuel Lee) is an Australian citizen and co-founded Hyperfund / Hypertech / HyperCapital/ HyperNation (HyperFund) with Ryan Xu (aka Zijing Xu). cbbdm bhll bqs grpmwnob ocfv vjdo qcyt tulvkva dqjqkntd mvekl