After a significant unmasking and exposé done by a YouTuber, HyperVerse was discovered to have hired an actor to pose as its CEO, but that exact person does not exist in real life. This fake CEO actor is Stephen Harrison, who recently revealed how he first started this job and what happened, saying that he was not part of the massive cryptocurrency scam that happened. 

To date, there was as much as $1.3 billion that the scammers were able to steal from investors, unknown to them that it was only a scheme.

HyperVerse's Fake CEO is Only an Actor, Apologizes for the Scam

(Photo : Nobody Special Finance via YouTube Screenshot)

A YouTuber called Nobody Special Finance unmasked the person behind CEO Steven Reece Lewis, the infamous executive of HyperVerse, to be a fake. This person is Stephen Harrison, an Englishman living in Thailand, and was hired as an actor by the company and pose as its chief executive. 

The Guardian was able to interview Harrison, with the CEO actor saying that he did not know anything about the scam or defrauding the investors. He went on to claim that he believed that this acting gig centers on the role of "presenter talent" under Mass Focus Ltd., an Indonesia-based talent agency. 

HyperVerse's fake CEO also said that he was "shocked" to find out that the company faked his credentials. 

Harrison also apologized to the defrauded investors and affected individuals of the HyperVerse scam, with the company using his face and voice to convince them and invest in the company. 

Read Also: Crypto Hack 2023: Total of $1.8 Billion Worth in Cryptocurrency Stolen, says Tracker

HyperVerse Crypto Scam: $1.3B Stolen, CEO is Fake

HyperVerse centered on a crypto-mining operation that promised twice to thrice as much growth of their money, something that the company has managed to sell among investors. It has collected as much as $1.3 billion in the said scam, with Harrison known for being the "fintech whiz" who will make this possible. 

Harrison worked for around nine months posing as the CEO, working only one to two months for the role. In these nine months, Harrison only earned $7,500 from HyperVerse.

Cryptocurrency Scams in the World

On several occasions, people have been deceived by different campaigns or schemes worldwide, and this is not a rare event anymore, especially for those who use cryptocurrency as bait for its believers. Moreover, the threat actors are also creative in their attacks, with some going as far as using deepfake videos and photos, like for example, that of Elon Musk and Neuralink

Some hackers use different types of attacks against customers and even businesses or renowned crypto wallets, with the Trezor Hardware Wallet once suffering from a phishing attack. The threat actors have used these phishing scams to lure people into believing that their account has been hacked, but it would happen later on when they already have access. 

Attacks against the cryptocurrency industry and market are uncommon, but scams are now ramping up towards protecting the real management behind them and using other people to pose as its CEO. That being said, Harrison's stint as HyperVerse's CEO Steven Reece Lewis is now over, claiming that he was not part of the scam or profited from it, with the culprits still at large.

Related Article: Apple Removes Binance, Kraken, Other Crypto Apps From Its India App Store: Here's Why

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