April 2014 – Bitcoin Group is formed and is based in Melbourne, Australia. Founded by Sam Lee, Allan Guo and Ryan Xu – https://web.archive.org/web/20151008164905/http://www.bitcoingroup.com.au/our-people/
January 2015 – Collinstar Capital is launched by Ryan Xu – http://www.collinstar.com/about
March 2015 – Collinstar Capital becomes a shareholder of Blockchain Global which is the eventually rebranded Bitcoin Group before it completely gets renamed.
November 2015 – Bitcoin Group IPO Closes – $2.9m raised – 20m wanted for initial IPO – Falls well short – https://bitcoinist.com/bnktothefuture-becomes-australias-first-company-launch-bitcoin-mining-ipo/
August 2016 – Bitcoin Group rebranded as Blockchain Global – https://en.wikipedia.org/wiki/Blockchain_Global
February 2017 – BGL (Blockchain Global) enters into a binding agreement with Digital X to onboard all customers from its liquidity desk, Digital X Direct, onto its own bitcoin exchange platform, ACX.io – https://www.zdnet.com/article/blockchain-global-scoops-up-digital-xs-bitcoin-liquidity-desk/
June 2017 – BGL buys 40% stake in DigitalX – https://www.zdnet.com/article/blockchain-global-uses-bitcoin-to-take-40-percent-stake-in-asx-listed-digital-x/
August 2017 – HCash Launches
January 2018 – Blockchain Global tries to merge with US company BCTS – Merger fails –
https://www.zdnet.com/article/btcs-may-jump-ship-over-delayed-blockchain-global-merger/
January 2018 – MOF (Molecular Future) token launches on coinmarketcap.com – https://coinmarketcap.com/currencies/molecular-future/
January 2018 – Ryan Xu’s Mediachain token launches on Dragooned for 0.1539 USDT – Dumped to 0.01 USDT within 10 days – Millions of Yuan missing for Chinese investors
May 2018 – HyperCapital is started – https://behindmlm.com/mlm-reviews/hypercapital-review-hypercash-resurrection-ponzi-scheme/
July 2019 – Sam Lee resigns from DigitalX board
July 2019 – Sam Lee in trouble for selling $684k in shares in Genetic Technologies while in blackout – Leaves as a director less than a month after the disclosure – https://www.afr.com/rear-window/genetic-technologies-sam-lee-out-after-undisclosed-share-sale-20190710-p525x8
February 2020 – ACX.IO collapses – https://bitcoinist.com/acx-cvrypto-exchange-ousted-over-alleged-exit-scam/
March 2020 – HyperDAO Launched – https://twitter.com/Hdao_Official
June 2020 – Hyperfund Launches – replaces HyperCapital – https://finance.yahoo.com/news/hypertech-group-announces-launch-hyperfund-080000378.html
March 2021 – Hyperfund UK Warning – https://www.fca.org.uk/news/warnings/hyperfund
April 2021 – Ryan Xu named as Chief Strategy Officer for Code Chain New Continent Limited @ 120k p.a. – Small change for a multi “billionaire”
September 2021 – Hyperfund NZ Warning – https://www.fca.org.uk/news/warnings/hyperfund
October 2021 – Hyperfund Guernsey Warning – https://www.gfsc.gg/news/hyperfund
October 2021 – Ryan Xu resigns from CCNC after only 6 months
November 2021 – Blockchain Global collapses initially owing 21m AUD (later upped to 50m AUD) – https://www.afr.com/companies/financial-services/failed-crypto-company-collapses-owing-21m-20211103-p595n3
December 2021 – Hyperverse launched – replaces Hyperfund (too many fraud warnings) – promises the “Hyperverse” to rival the “Metaverse” from Facebook
January 2022 – Hyperverse Token launches
February 2022 – More and more customers not getting paid out their rewards
May 2022 – HyperNation launches – to run along side Hyperverse but set to eventually replace it
May 2022 – Kalpesh Patel – The main promoter leaves Hyperverse blaming “Corporate”. Walks away with millions
Summary:
- They are on to their 4th scheme in 4 years (HyperCapital, HyperFund, HyperVerse, HyperNation) – essentially the same products dressed in a different way …
- Sam Lee and Ryan Xu haven’t been seen since December 2021 – they are long gone now …
- Steven Reece Lewis (CEO who doesn’t exist on Linked-In or anywhere else on the Internet) is bombarded constantly on “his” Twitter page by customers complaining about being unable to withdraw funds from HyperVerse – Never seen in public at all …
- All tokens (HCash, MOF, HDAO, HVT, GNX) this “company are involved with are worthless or next to worthless and have historically plummeted since launching
- Blockchain Global has 50m AUD missing
- ASX.IO collapsed
- Mars Mall (Their shopping mall) lasts a year and is offline
- Websites are amateur and not even fully populated – all designed from readily accessible templates available on the Internet
- No actual phone numbers or relevant office locations are available to visit (not any more)
- Bitcoin Rodney is giving away his 45 million HU The fact is he can’t sell it or cash it in. It’s virtue signalling
Video Evidence: https://www.youtube.com/ProjectFrugal?sub_confirmation=1 for an indepth analysis of “The Story So Far” and how this company has transitioned from nothing in 2014 to becoming the multi-million dollar scam it is today.
From a Anonymous email I received
Just for clarity:-
1) While Australia is purportedly one of the most regulated countries in the world, I am not sure that crypto being “unregulated” really washes. ASIC is supposed to regulate “financial services and consumer credit, and authorised financial markets operating in Australia”. ASIC is well aware of crypto and even creates podcasts about it – https://asic.gov.au/about-asic/news-centre/videos-and-podcasts/the-asic-podcast/
2) The people behind Hyper’ were obliged to register with ASIC and did so. Their various Blockchain and Collinstar businesses are registered there. This gives them all an air of credibility. You can search here: https://connectonline.asic.gov.au/RegistrySearch/faces/landing/SearchRegisters.jspx?_adf.ctrl-state=1809kwyted_72
3) The people behind Hyper’ were already reported in the Australian MSM some years ago as working with the likes of Monash University and the CSIRO, from which they had garnered credibility.
4) HCash seems to have been a love-child with Monash (or perhaps little more than a PhD doctorate), and according to this report by ‘businesswire’ which is owned by Berkshire Hathaway supported by the WEF . https://www.businesswire.com/news/home/20171003006341/en/Unifive-Hcash-Foundation-Announce-Strategic-Partnership
5) With alarm bells ringing, now we go back and look at some of the old reports and clips online of some of these people, and let me know whether they fill you with confidence. (They did not strike me as credible when I watched them a year or more ago.)
6) The people behind Hyper’ were already known to the authorities in Australia by the people whose funds vanished on the ACX.io exchange. e.g. https://davidgerard.co.uk/blockchain/2018/05/01/get-your-bitcoins-off-acx-in-australia-while-you-can-cos-youre-sure-not-getting-your-actual-money/ and https://cryptonews.com.au/australian-crypto-exchange-acx-io-under-scrutiny-from-crypto-community-as-possible-exit-scam
7) There is no excuse for the AFP (federal police) not to investigate cyber-financial-banking-crime, or any other crime for that matter. Crime is crime, be it digital, financial or otherwise. Someone has made off with the loot.
8) I agree with your last point. People are desperate and they do survive alot on “hopium”. But that could be said for established markets as well. However, the whole point of regulation is to establish credibility, and to ensure trustworthiness and reliability. That is what we the people are led to believe. That is what some still hope for.
9) Catastrophe could easily have been avoided had those in control done their job to begin with. The question is, why didn’t they?
10) I totally agree with you that real interactions with real people are the way to go.
Something very rotten in the state of Denmark. Hegelian dialectic = problem, reaction, solution. More centralised, top-down control on the way … Better still, “You will own nothing and be happy.” ! Global gulag. Fun times ahead.
Kind regards
p.s. Did you notice that while they brought in another actor (a.k.a. Boris J.) https://behindmlm.com/companies/hyperfund/hyperone-reveals-actor-executives-promises-sam-lee-soon/ to replace the previous one (Reece whoever), they actually used a different looking guy on the clip? https://www.youtube.com/watch?v=7m57D0uxElc. So that is three “CEOs” and counting.
IAM COMMING GUYS to have you taken down and do jail time as well
Who are you are you an Uber driver?