Englishman Who Posed As HyperVerse CEO Says Sorry To Investors Who Lost Millions

Stephen Harrison, an Englishman living in Thailand who posed as chief executive Steven Reece Lewis for the launch of the HyperVerse crypto scheme, told the Guardian Australia that he was paid to play the role of chief executive but denies having 'pocketed' any of the money lost. He says he received 180,000 Thai baht (about $7,500) over nine months and a free suit, adding that he was 'shocked' to learn the company had presented him as having fake credentials to promote the scheme. From the report: He said he felt sorry for those who had lost money in relation to the scheme -- which he said he had no role in -- an amount Chainalysis estimates at US$1.3 billion in 2022 alone. 'I am sorry for these people,' he said. 'Because they believed some idea with me at the forefront and believed in what I said, and God knows what these people have lost. And I do feel bad about this. 'I do feel deeply sorry for these people, I really do. You know, it's horrible for them. I just hope that there is some resolution. I know it's hard to get the money back off these people or whatever, but I just hope there can be some justice served in all of this where they can get to the bottom of this.' He said he wanted to make clear he had 'certainly not pocketed' any of the money lost by investors.

Harrison, who at the time was a freelance television presenter engaged in unpaid football commentary, said he had been approached and offered the HyperVerse work by a friend of a friend. He said he was new to the industry and had been open to picking up more work and experience as a corporate 'presenter.' 'I was told I was acting out a role to represent the business and many people do this,' Harrison said. He said he trusted his agent and accepted that. After reading through the scripts he said he was initially suspicious about the company he was hired to represent because he was unfamiliar with the crypto industry, but said he had been reassured by his agent that the company was legitimate. He said he had also done some of his own online research into the organization and found articles about the Australian blockchain entrepreneur and HyperTech chairman Sam Lee. 'I went away and I actually looked at the company because I was concerned that it could be a scam,' Harrison said. 'So I looked online a bit and everything seemed OK, so I rolled with it.' The HyperVerse crypto scheme was promoted by Lee and his business partner Ryan Xu, both of which were founders of the collapsed Australian bitcoin company Blockchain Global. 'Blockchain Global owes creditors $58 million and its liquidator has referred Xu and Lee to the Australian Securities and Investments Commission for alleged possible breaches of the Corporations Act,' reports The Guardian. 'Asic has said it does not intend to take action at this time.'

Rodney Burton, known as 'Bitcoin Rodney,' was arrested and charged in the U.S on Monday for his alleged role in promoting the HyperVerse crypto scheme. The IRS alleges Burton was 'part of a network that made 'fraudulent' presentations claiming high returns for investors based on crypto-mining operations that did not exist,' reports The Guardian.

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