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.