Hyperverse Withdrawal Update! How to get Refund

HyperVerse, a cryptocurrency-based MLM rebrand of HyperFund, has been facing withdrawal problems for a long time.

Many investors have been unable to withdraw their money from the platform, leading to concerns about its legitimacy as a financial investment opportunity.

In this article, we will provide an update on the HyperVerse withdrawal situation and outline the steps that investors can take to get a refund.

Hyperverse Withdrawal Problem

HyperVerse was founded by Ryan Xu in November 2021 as a rebranding of the company HyperFund. It was a suspected Ponzi scheme scam and various financial regulators issued warnings against it.

The HyperVerse withdrawal problem began in February-March of last year. Many investors were unable to withdraw their money from the platform, leading to concerns about its legitimacy as a financial investment opportunity.

Now for the past few days, the investors are unable to withdraw their money. Many claims that it may be the end of HyperVerse.

Why withdraw has not been opened yet? It has become very difficult for our hyperverse members. Why couldn't the withdrawal system be easy?

— Kabiram Mongolian Mgr (B+) (@magar_kabiram) May 18, 2022

Users are targetting HyperVerse on Twitter, but till now there is no clarification about the exact date of getting the withdrawal problem to get solved.

The company has not provided any clear explanations for the withdrawal problems, and many investors have been left in the dark about their investments.

Read: FCA Warns Against 6 Online Brokers

How to Get a Refund from Hyperverse

There is no-guarantee of withdrawal from HyperVerse as it is not regulated and they are an absolute scam to stole investors’ money.

We have warned our readers of various such scams. Still, you can follow the below steps to get a refund from Hyperverse.

1. Gather all necessary documents

Before contacting HyperVerse or any financial regulatory agency, gather all necessary documentation such as proof of investment, account information, and any correspondence with the company.

2. Contact HyperVerse

Reach out to HyperVerse’s customer support and inquire about the status of your withdrawal. Provide them with all the necessary documentation and request a refund or explanation for the withdrawal problem.

3. File a complaint with financial agencies

If you do not receive a satisfactory response from HyperVerse or if they do not respond at all, file a complaint with the financial regulatory agency in your country. In the US, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are the regulatory agencies that oversee the crypto and investment industry.

4. Seek legal action

If all previous steps fail, seek legal action by consulting with a lawyer. They can help you to file a lawsuit against the company and recover your lost funds.

5. Avoid Hyperverse

The company has received multiple fraud warnings from financial authorities in various countries, and the founders and top promoters have disappeared or fled to Dubai to avoid prosecution.

The company is not legally incorporated in any country and is operating without authorization from financial regulators. The company’s operations are based in Dubai, where the government shelters MLM scammers.

Investors in HyperVerse are unable to withdraw their earnings, and the company is making empty promises. It is clear that HyperVerse is a scam and anyone who believes in it is being foolish. The company is likely to collapse soon and rebrand once again unless action is taken by governments to shut them down.

In short, we highly recommend that you stay far away from HyperVerse and avoid this fraudulent investment opportunity at all costs. Always be careful and do your own research before investing in any company or opportunity.

Read: Bloomberg fined $5 million by SEC