- "Steven Reece Lewis" had an impressive CV, which may have attracted investors to a crypto scheme.
- However, there is no record of Lewis ever existing, The Guardian reported.
- Investors put an estimated $1.3 billion into the now-collapsed HyperVerse scheme.
The man presented as the CEO of a now-collapsed crypto fund appears to be a complete fabrication, according to an investigation by The Guardian.
HyperVerse was an Australian metaverse investment scheme that thousands of investors put as much as $1.3 billion into in 2022, according to estimates from blockchain analysts Chainalysis reported by the outlet.