HyperPay, Hyperverse’s payment processor, claims it has nothing to do with the Ponzi scheme.
A strange announcement was made a few days ago on Twitter.
Over the years, HyperPay has served as the internal processor for HyperTech’s various Ponzi schemes.
In our HyperCapital review, we mentioned HyperPay.
When HyperCapital failed, it was relaunched as HyperFund. When HyperFund failed, it was relaunched as Hyperverse.
HyperPay has been a recurring theme in all three HyperTech Ponzi schemes.
HyperPay has its own Twitter account only because owner Ryan Xu runs his Ponzi scheme through a slew of shell companies.
I guess having a lot of logos on marketing material makes it easier to dupe gullible investors. One reason HyperPay may be pretending to be unrelated to Hyperverse is ongoing withdrawal issues.
We last spoke with Hyperverse in early March. They’d just introduced a new 400 percent ROI plan at the time, while still blocking withdrawal requests.
Some selective withdrawals have occurred in the last month, but investors are realizing that once their plans expire, they will be unable to cash out.
On the plus side, HyperPay is one of the few HyperTech components that is still communicating publicly.
Ryan Xu has been missing since late 2021 and has not been seen since. Sam Lee has also vanished, and Hyperverse Boris CEO Steven Lewis is now little more than a Twitter bot.
The majority of top hyperverse earners, with the exception of Kalpesh Patel, have quietly moved on.