Beware of this hyperverse MEMBERSHIP…
Beware of this hyperverse MEMBERSHIP promising to make money easily when you buy their new crypto currency scheme with their crypto currency USDT - HU which is NOT BITCOIN. The MLM Multi Level Marketing presentation via Zoom sells a membership with no guarantees. Hyperverse promote their own crypto currency membership to give a presentation of be able to get rich system to increase their own crypto currency This is not an FCA regulated company so their is no compensation guarantees in the same way you make an investment with an FCA regulated business. Once buying a membership for £300 you cannot take out your money for one year which means that other members join and it is conditional on the value that your membership has grown to which is controlled by hyperverse This is a membership for learning about cryptocurrency and you receive rewards to study. This is not an investment. USDTE HU is not a crypto currency it is an internal Hyperverse points / units system much like a Superstore provides shoppers with points every time a customer buys groceries. This is not a Bank or investment company so their is no regulation over the memberships sold which means it is able to stop trading - go out of business - liquidate with no liability to the members who have purchased membership. The presentation is long and does state their is no guarantees and it is for the purchase of a membership. So what happens to the money paid to buy a membership ? It is a membership and people do not have any investment so money paid for the membership is used by the company to make profits. This has all the characteristics of a crypto scam which have been known to run for a while then stop but this is clearly called a membership not an investment.