HyperVerse crypto scheme targeted developing countries before collapse left some investors ‘suicidal’
by Sarah Martin from Technology | The Guardian on (#6J2HW)
Promoters of the scheme, which collapsed owing millions, targeted countries such as Nepal, with claims some investors took out bank loans to buy packages
The HyperVerse cryptocurrency scheme targeted investors in developing countries across Asia, Africa and the Pacific before its eventual collapse left many people unable to access funds.
In Nepal, some people who took out bank loans to buy packages in HyperVerse said they felt suicidal when they were unable to withdraw their money, with some cases of self-harm, according to one investor.
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