The Guardian’s investigation into the CEO of the defunct cryptocurrency hedge fund HyperVerse has exposed a deceiving web of misrepresentations. A video from the fund once featured Steven Reece Lewis confidently taking the CEO role.
Social media speculations had long cast doubt on Reece Lewis’s existence, suggesting he was a fabricated persona. The Guardian’s audit confirmed that educational and professional credentials flaunted on Lewis’s resume were nowhere to be found in the records of the institutions and companies cited.
HyperVerse, after being accused of operating akin to a pyramid scheme, ceased allowing customers to withdraw their funds. Blockchain research firm Chainalysis estimated the consumer losses for 2022 alone at a staggering $1.3 billion, The Guardian reports.
Reece Lewis’s supposed illustrious track record before joining HyperVerse included stints at Goldman Sachs and an entrepreneurial venture involving a web development company allegedly sold to Adobe, preceding the creation of his IT startup. However, none of the said universities, Leeds and Cambridge, could validate his alleged attendance, raising red flags about his entire career narrative.
Moreover, the purported acquisition of his company by Adobe doesn’t appear in Adobe’s public SEC filings, and Goldman Sachs has no record of his employment. His digital footprint proved equally elusive, with no LinkedIn profile and an internet presence restricted to HyperVerse marketing materials.
His Twitter account appeared to have been created specifically for promotional purposes, one month prior to the video release in which he was named CEO. Despite this, Reece Lewis received endorsements from high-profile individuals like Apple co-founder Steve Wozniak, who spoke favorably about his leadership of the ambitious HyperVerse project, designed to rival Facebook’s Metaverse.
In a cautionary 2022 piece, The Mirror’s Andrew Penman highlighted that the celebrities who endorsed Reece Lewis, Steve Wozniak among them, declined to recognize any personal acquaintance with him. Penman suspected a fabricated identity devised to lend credibility to HyperVerse.
Sam Lee and Ryan Xu, leaders within the HyperVerse ecosystem, along with the endorsing celebrities, remain mute on the subject of Reece Lewis’s real identity. This silence casts doubt and alludes to the probability that the celebrity endorsements were arranged purely for marketing purposes.
Lee, in particular, refuted The Guardian’s inquiries and denied inaccuracies regarding his role in HyperVerse, dismissing the allegations as internet fabrications. Contrarily, a Reddit user had already questioned Reece Lewis’s authenticity two years earlier, citing his absence from any company boards and lack of social media history aside from HyperVerse promotions.
The final verdict from The Guardian concludes succinctly: Reece Lewis remains an enigma, with no traceable identity. His last social media activity dates back to June 2022 when HyperVerse began freezing withdrawals. His legacy persists only in a promotional tweet showing the HyperVerse vision, blurring the lines between reality and imagination.