Freelance TV Presenter Paid To Pose As A Crypto CEO. Millions Lost In The Hyperverse Scam.


Freelance TV Presenter Paid To Pose As A Crypto CEO. Millions Lost In The Hyperverse Scam.

This week in cybersecurity from the editors at Cybercrime Magazine

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Sausalito, Calif. – Feb. 28, 2024

The Guardian reports that the man who posed as the chief executive of the collapsed crypto scheme HyperVerse has confirmed he was paid to act the part, receiving 180,000 Thai baht (about A$7,500 or £4,000) over nine months and a free suit as payment.

Stephen Harrison, an Englishman living in Thailand who posed as chief executive Steven Reece Lewis for the launch of HyperVerse in late 2021 and early 2022, has told Guardian Australia he was “shocked” to learn the company had presented him as having fake credentials to promote the scheme.

He said he felt sorry for those who had lost money in relation to the scheme. The HyperVerse cryptocurrency scheme targeted investors in developing countries across Asia, Africa and the Pacific before its eventual collapse left many people unable to access funds.

Victims lost millions of dollars to the Hyperverse scam.

Harris recently appeared on the Cybercrime Magazine Podcast to tell his story.



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