HyperTech launches HyperMining Ponzi scheme
In what appears to be an effort to keep its HyperFund Ponzi afloat, HyperTech is now soliciting investment into mining contracts.
HyperMining was revealed last month by HyperFund CEO Jayden Wei.
Wei (right) is one of HyperTech owner Ryan Xu’s blockchain bros.
Wei is purportedly based out of Australia but also travels to Dubai, the MLM scam capital of the world.
Since the Xu’s HyperFund Ponzi scheme took off, Wei seems to be doing very well for himself:
Wei made the HyperMining reveal announcement last month whilst in quarantine.
[3:04] OK so HyperTech, we have seen these trends. We believe storage can be very huge in two or three years so that’s why we invested heavily in the mining stuff.
[3:25] So I’m here very pleased to announce that HyperTech Group has provide the technology to HyperMining. And HyperMining is gonna launch shortly.
HyperTech and HyperMining are of course the same company owned by Ryan Xu.
About a fortnight ago HyperTech released a HyperMining promo vid through their official Telegram channel.
HyperMining provides one-stop mining custody services.
Users are able to liquidate and withdraw at any time and anywhere.
Or you can also choose FileCoin, Bitcoin, Ethereum cloud mining hash power contracts with one click at HyperMining and obtain the corresponding amount of cryptocurrency at regular intervals according to the hash rate share.
Users don’t even need to purchase a mining machine. You could easily start cloud mining with a low threshold.
Small investment and convenient operation. Mining has never been easier.
HyperFund affiliates log into HyperMining using their HyperFund affiliate credentials.
What with HyperMining just being another avenue to steal invested funds through, this isn’t surprising.
With their HyperFund Ponzi scheme likely reaching critical mass, HyperTech has deployed the BitClub Network Mining model to keep investment rolling in.
BitClub Network’s owners were arrested in December 2019. The DOJ alleges the company was a $722 million dollar Ponzi scheme.
Update 24th December 2021 – A week or so ago HyperFund deleted its HyperMining reveal video cited in this article.
As a result I’ve disabled the previously accessible link.
Cue the shills claiming “mining is real, I have toured the facility” in 3… 2… 1…
I thank you for your efforts for keeping us well meaning entrepreneurs out of trouble. I read your review on HyperFund once. And after chatting with my good friend Joe Garcia, WHO ALSO relies on your reviews, was prompted to visit your site again.
I pride myself on being fact driven and not a “drinker of the Kool-aid”. I initially reviewed the program totally through your lenses.
Reluctantly, I let my wife open a $500 membership account. She wanted to work with a couple good friends of ours that were working the program. I did not fear her losing $500.
When my wife hit $28/day in about 5 weeks, it caused me to investigate beyond your investigation.
I checked out whether the company was in compliance & being regulated by the FTC. I also wanted to understand if it met all of the Direct Sales product retailing rules.
After doing more homework, I found out things were far different than what I believed to be the gospel.
My friend that got us started, joined the company in December 2020 with $1000. He just reached the $1100/day mark. My wife’s initial account, started in late March, is at $200/day. We have 11 accounts total. I have an account for my other MLM ventures, my nonprofit, and for each of my real estate properties. My thought is “ANYTHING or ANYONE” that has an annual interest earning traditional banking account should have a daily financial reward generating HyperFund account.
I’ve pulled money out equalling my original membership purchase fees and I’ve used profits to fund some of my accounts. Now the accounts are paying us daily profits without risk.
By the way, the products being moved are the membership packages. Also the daily profits adding up to $50 or more can be added to your account (minimum product purchases) or withdrawn.
Is a BJ’S, Amazon Prime, AAA, or a reading club membership purchase representative of a PONZI scheme or pyramid? Do you gain anything from your membership fee?
HyperFund does not require that you recruit a single person. You earn triple your membership package cost over a set 20 month period. They start liquidating that tripled amount to you within 48 hours. Everyone knows exactly the minimum amount they will earn from day one! And the daily rewards (earnings) are not contingent on cryptocurrency market prices.
A HyperFund membership also includes a training academy for learning about cryptocurrency.
When MLM giants like Eric Worre, Julie Bishop. Gilbet Lopez, Don Failla, Ray Higdon, or Dale Calvert charge you for training without giving you any way to recoup your purchase fee, are they being unethical, criminal, or facilitating a exploitive scam?
Once again, thank you much for your years of GREAT insight! You’ve helped me stay on solid ground many times!
This time my wife saved me from my own preconceived positions & notions!
For us & many people we know,HyperFund has proven to be honest and profitable!
CJ Storey
I.e. you disregarded due-diligence and fell into the “bUt I gOt PaId!” trap.
Dunno why you went straight for the FTC. I never mentioned them in a review pertaining to HyperFund.
Securities have to be registered with the SEC. Which of course HyperFund isn’t, because it’s a Ponzi scheme.
Your story is starting to fall apart.
And there it is. Due-diligence out the window, hello greed.
You’re not actually making $200 or whatever it is a day. Numbers on a screen != getting paid.
You can call an investment whatever you want. It’s still an investment.
Ronae Jull pseudo-compliance won’t fly here or with regulators.
These have nothing to do with investing in HyperFund on the promise of returns. Nor are they in any shape or form equivalent.
Whether you recruit the people you steal from in a Ponzi scheme is irrelevant.
You can’t legitimize a Ponzi scheme by adding crap to investments.
Next you’ll be telling me you and your wife really needed ten copies of the same “trading academy”.
As far as I’m aware none of those people are running 300% ROI Ponzi schemes. Like the companies you mentioned, comparisons are therefore irrelevant.
Your wife is a Ponzi scammer. And so are you. Cool story tho.
Yet here we are,literally copy-pasting every excuse the kool-aid-drinkers are giving word for word.
What happened to being fact driven? Guess you never were really, this is just a confirmation bias you got trapped in.
My sympathy to you and your wife for your loss of morals and logic for greed. Sorry.
Ah damn, I should not have googled you.
How long have you been “coaching”/recruiting people to make money? Holy shit those webpages *edit oh I see 9years at least, but the MLMs and other schemes go past 11 years.
Whew what a list
Hyperfund
Kala crypto?
Chrysos crypto?
Worth Unlimited/United First Financial?
Inteletravel/PlanNet marketing?
Four Corners Alliance?
Ardyss?
Damn dude, i’m doubling up the sympathy, you really are just an addict. Should’ve stuck to insurance sales.
I didn’t research the guy but smelt the marketing bullshit story a mile away.
Good to know my BS radar is still tuned.
Was bored, this was more entertaining than the morning news.
Good day everyone,
I applaud everyone here who are fact-driven and always doing due-diligence. Thank you for the hosts and the work this community is doing.
I came around this blog, because a friend told me about this HyperFund.
I would just like to share my thoughts on Investment in general. (Ozedit: derails removed)
If you wish to discuss investments in general do it somewhere else. It has nothing to with HyperTech/HyperFund.
Article updated to note deletion of HyperFund’s HyperMining promo video.
1. I am not, and was never, appointed as CEO of Hypercapital, Hyperfund, Hyperverse or Hypermining that have been implicated in adverse articles relating to ponzi schemes.
2. I was not involved in the business activities of the above-mentioned entities.
3. Certain social media content on the Internet implicating me as an officer of the above-mentioned entities, namely Youtube interview videos, were untrue.
4. Such content manipulated an original interview of my involvement with the Hypertech project, and inaccurately associated me with the above-mentioned businesses.
5. Hypertech was not involved with the business activities of the above-mentioned entities during my involvement. I ceased my role with the Hypertech project in mid 2021.
I declare that the contents of this statutory declaration are true and correct and I make it knowing that making a statutory declaration that I know to be untrue is an offence.
A statutory declaration is a physical legal document that’s meaningless unless it’s notarized.
Some paragraphs on the internet are meaningless. What’s the matter Jayden, worried about the feds coming for you too?
Own your thievery. You were very much CEO of HyperTech and appointed CEO of HyperFund.
Probably the best thing you can do for yourself legally at this point is give up Ryan Xu, if that’s still an option.
Hey Jayden This you?
youtu.be/cZGxMNxZBnA
The hyperDAO co-founder? medium.com/theamaroom/hyperdao-with-jayden-wei-ama-t-me-amaroom-22da70c30280
coinpare.io/people/jayden-wei
It’s cute how you removed the references from your LinkedIn, definitely not sneaky.
Lil bro scammed a bunch of Asians through HyperCash. Helped set up HyperDAO (precursor to HyperFund), helped move HyperTech and attached Ponzi schemes to Dubai… and now wants to pretend he had nothing to do with it.
Only after Sam Lee was indicted of course.
I ceased my role in mid 2021 when I read this article,frankly.
I was paid $20000 a month to be hired as a CEO for a” tech company”, but I realized I was deceived, I request to quit immediately.
I decided to stay far away from Ponzi Scheme, I beg sam and ryan release me from that business.
I also talked to compliance and stop launching Hypermining, I will have the lawyer to be witness.
I understood this is not an excuse, if there is any wrongdoing I made during my involvement, i would love to face the charge and take my responsibility.
Btw, I didn’t own watches. I cannot affort that at that time.
When did you sign on though? Fraud took place while you were involved in HyperTech’s Ponzi schemes.
You can’t undo that, or your role in the Ponzi scheme.
Maybe you should have come out and said as much then.
Ah so you were a Boris CEO then? Bad luck having your real name linked to it though!
I am happy to share more. I was told to Hypertech group will launch ecosystems and was introduced to many government departments of UAE who claimed will help Hypertech group get licenses In Dubai, that makes me believe Hypertech is building real blockchain technology.
During my involvement, it was early DeFi Summer, I was focus on doing research building a DeFi protocol and participating DeFi mining. I have no idea how money is raised, I thought it was Hcash foundation funded.
I was known as an early bitcoin miner in China, Ryan is also a bitcoin miner. He founded Hcash , which was considered a successful project in China, so I believed in him.
But, I requested to resign immediately when I know there is a multilevel membership program, that is why in mid 2021 I stepped down and left Dubai. I can’t verify what they have done, so I decided to quit.
As far as I was concerned, Hyperfund is an ecosystem fund , just like most blockchain ecosystem fund, but I have no visibility on how it works, that made my mind to stay away. I have no intention to scam people and take a huge compliance risk for myself as I can make good money by researching and trading crypto to support my family.
For the statutory declaration, I have physical documents with lawyers witness. I know this is important to me . I would love to return the salary they paid me if hyper ecosystem is illegal.
Basically that is all I know. In terms of Hyperverse, hypernation, I just saw these names recently. Can’t believe I can be involved in such dramas.
But if court drafted me, I will be honest. Honesty is the best protection for myself now.
I stopped hypermining launching when I felt something may not right. But it seems some one restarted it after I left.
While you can’t change your involvement, your explanation is here for anyone to read. I suppose that’s something.
As you’re probably aware by now, Dubai is the MLM crime capital of the world. Getting anything registered there or licensed doesn’t count for much.
Hcash was one of HyperTech’s first Ponzi schemes. You should be aware of that too.
I can’t deny I was appointed as hypertech CEO for a period of time, even I was deceived and misled. I won’t pretend to be innocent for everything. As I mentioned, if there is any wrongdoing I made, I would like to take the responsibility.
But I still need to state that I ‘ve never directly promoted an investment scheme, I have never taken any “ member” ‘s money,.
I think I ve explained enough, my email is here , so if there is any responsibility I need to take, can contact me, any time.
This is debatable seeing as you clearly promoted HyperMining. Also where do you think the funds to pay your salary came from?
I was told the mining site was launched and started running, then I help to announce it. but this is not a investment scheme I was promoting.
I know nothing about membership daily return stuff, know nothing about the figure. Again, would love to refund any income if it comes from unlawful behaviours.
If you “helped announce” HyperMining (see promo video), then you were promoting a fraudulent investment scheme.
HyperTech was a collective group of fraudulent investment schemes run by Xu and Lee. That’s literally all it ever was.
and as I mentioned above, i tried to stop the program luanch when i felt it not compliance yet. Again, if that was a wrongdoing, I would love to take the responsibility.
But here you stated ” Jayden Wei appears to have blawn hundreds of thousands Hyperfund investor funds on Luxury watches” without any evidence, I will keep my right to against defamation when truth comes out. Please don’t delete this article, all the words here will be testimony in court some day.
Ah, there it is. The actual reason you’re here.
You were fronting a Ponzi scheme and showing off luxury goods on social media. You know exactly what you were doing.
Why would I delete anything? You’ve deleted the cited social media posts. There’s a good chance this article is the only evidence left of your involvement in the HyperTech Ponzi schemes.
Which brings us back to why you’re here. Fuck off snake.
TBH, I appreciate and support you to disclose scams and help people, understand your response. All I can do is to respect.