HyperFund has received a securities fraud warning from New Zealand’s Financial Markets Authority.

As per the FMA’s 30th September warning;

HyperFund operates on a Multi-Level Marketing (MLM) model and claims to offers passive investment opportunities.

We have received reports of them recruiting affiliate investors in New Zealand.

It is not registered or licensed to provide financial services/products in New Zealand.

This is the equivalent of a securities fraud warning in other jurisdictions.

HyperFund
is a reboot of the collapsed
HyperCapital
Ponzi scheme. Both scams are run by Ryan Xu under the “HyperTech” umbrella.

Xu has ties to Australia and south-east Asia. His current whereabouts are unknown.

In addition to New Zealand,
the UK
and
India
have also initiated regulatory action against HyperFund.

Alexa currently ranks top sources of traffic to HyperFund’s website as the US (32%), Canada (11%) and India (8%).

🤖 Quick Answer

What is HyperFund and why did New Zealand's Financial Markets Authority issue a warning?
HyperFund operates through a Multi-Level Marketing model, claiming to offer passive investment opportunities. The New Zealand Financial Markets Authority issued a securities fraud warning on 30 September because HyperFund is unregistered and unlicensed to provide financial services in the country, recruiting affiliate investors illegally.

What is the connection between HyperFund and HyperCapital?
HyperFund represents a reboot of the collapsed HyperCapital Ponzi scheme. Both fraudulent operations are managed by Ryan Xu under the "HyperTech" umbrella organization, indicating continuity in the fraudulent enterprise structure.

Which regulatory authorities have taken action against HyperFund?
Beyond New Zealand's Financial Markets Authority, regulatory bodies in the United Kingdom and India have initiated

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