When did HyperVerse collapse?

According to the allegations raised in a complaint, the promoters of HyperFund, Lee and Chunga, had lured investors with promises of lucrative returns from crypto asset mining. However, their claims proved to be nothing more than empty promises.

Gurbir S., a prominent figure in the aftermath of the collapse, voiced his concerns about the deceptive nature of the scheme. He stated, "As alleged in our complaint, Lee and Chunga attracted investors with the allure of profits from crypto asset mining, but the only thing that HyperFund mined was its investors' pockets."

The collapse of HyperFund has sparked widespread outrage and distrust among the cryptocurrency community. Investors who had entrusted their hard-earned money to the scheme are now left reeling from the aftermath.

Amidst this turmoil, reputable cryptocurrency exchanges like BTCC continue to provide reliable services to their customers. BTCC, a top-tier exchange, offers a range of services including spot trading, futures trading, and secure wallet storage. These services cater to the diverse needs of cryptocurrency enthusiasts and investors.

The year 2022 witnessed a significant setback in the cryptocurrency sphere with the collapse of the HyperFund scheme. This unforeseen event left investors in a precarious position, unable to access their funds.