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Charged HyperFund Promoter Shilling Contemporary Investment Schemes

Charged HyperFund Promoter Shilling Contemporary Investment Schemes

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4 weeks up to nowTue Feb 06 2024 07:59:29

Charged-HyperFund-Promoter-Shilling-Contemporary-Investment-Schemes

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  • Sam Lee, coping with US fees over the HyperFund plot, has no longer too long up to now looked in movies promoting new funding projects
  • Within the movies for VEND and Satoshi Maths Club, Lee urges viewers to switch past losses and include new opportunities
  • The US DOJ accused Lee and others of promoting HyperFund, promising excessive returns from crypto mining

Australian blockchain entrepreneur Sam Lee, who’s coping with fees in the US for his alleged operate in the $1.89 billion Ponzi plot HyperFund, has sparked controversy by acting in movies promoting new funding projects. Videos get surfaced of Lee promoting VEND and Satoshi Maths Club quickly after the US Division of Justice (DOJ) accused him and two others of promoting HyperFund, alleging that they promised traders excessive returns drawn from crypto mining operations, even supposing such operations were yet to be launched. Within the movies, Lee drew a line under the losses his victims skilled thru HyperFund and asked them to “no longer be in the mindset of loss” as they regarded as his new propositions.

Lee Urges Viewers to “Proceed the Mosey” with Him

Lee’s involvement in the HyperFund/HyperVerse crypto plot, which targeted constructing worldwide locations and left some traders “suicidal” after its give plot, doesn’t seem to get impacted his have to push such merchandise on the unsuspecting public. Within the promotional movies, Lee urges viewers to “no longer be in the mindset of loss” and “continue the trail” with him thru funding autos VEND and Satoshi Maths Club.

Within the VEND promotional video, Lee admits that he “I lost loads too, in 2023 I lost loads too,” however speedily glosses over this, advising viewers and doable HyperFund victims to “level of interest on guaranteeing that we get hang of” and dismisses concerns over losses with claims that “of us lying to regulators and regulators [are] believing their version of the story.”

Contemporary Projects are Perfect Out of the Ponzi Intention Manual

Lee’s promotion of Satoshi Maths Club hinges on the premise of early involvement, declaring, “Basically the most you can relieve… is to be segment of the origination process of a challenge,” which pointless to claim comes from the Ponzi plot playbook.

He champions “day zero journeys,” the attach every person begins in the starting attach, extra emphasizing the aptitude for excessive returns, which is how the DoJ alleged HyperFund made its cash. Particularly, he argues that new cryptocurrency tokens don’t get to be backed by “a true commercial” with revenue, citing Bitcoin for instance.

The DoJ alleged intellectual closing week that Lee and two accomplices operated HyperFund under numerous names for roughly two years till November 2022, promising traders that their funding would before everything amplify by as much as 1% day-to-day as they waited for it to be tripled and even doubled.

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