The SEC lawsuit alleges that Sam Lee, an Australian founder who lives in the United Arab Emirates, and Brenda “Bitcoin Beutee” Chunga, a promoter of the business from Maryland, cheated investors with this “pyramid and Ponzi scheme.” Chunga agreed to settle the SEC accusations, the agency said.
Jan 29, 2024
HyperVerse’s Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO
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