Hyperverse affiliates are scrambling as the platform's functional website has largely collapsed. Many are still forced to access the old HyperFund backoffice. The MOF token, a key component of the scheme, saw its value evaporate after a transition to the Tron blockchain expanded its supply from 100 million to 100 billion tokens. This move saw the token's market price crash from around $2 to less than half a cent.

Facing widespread panic among its remaining users, Hyperverse has deployed James Lockett, a known Ponzi promoter, to address mounting securities fraud allegations. Lockett appeared in an official compliance video, suggesting that Ronae Jull, another figure associated with the scheme, may have been sidelined. The initial portion of Lockett's presentation, approximately thirty minutes, consists of marketing and compliance rhetoric that has already been publicly debunked.

At the 29-minute and 50-second mark of the video, a slide appears which Lockett uses to attempt to explain away HyperFund's regulatory issues, specifically the accusations of securities fraud. He states that a few countries have issued warnings regarding HyperFund, but none have yet targeted Hyperverse directly. This claim is contradicted by numerous documented securities fraud warnings and investigations concerning HyperFund issued by regulators in the UK, India, New Zealand, Guernsey, Germany, and Bermuda.

The situation escalated on December 11, 2021, when the UK officially added Hyperverse to its existing HyperFund securities fraud notice. Lockett attempts to downplay these actions, suggesting that regulatory investigations are often initiated due to members publishing or communicating information in a "wrong" or "non-compliant" manner. He implies that regulators have "misunderstood" the situation, a claim that constitutes pseudo-compliance tactics common in Ponzi schemes.

Lockett further minimizes the scope of regulatory actions, stating that compliance and legal teams are in contact with the agencies involved. He asserts that the number of countries issuing warnings is small and not a "massive trend," a statement designed to reassure investors. However, securities laws are broadly consistent across jurisdictions. Any country with a financial regulator oversees securities, which mandates registration and audited financial reports. These requirements exist to verify that a company generates revenue independently, preventing the use of new investor funds to pay off earlier investors. Schemes that avoid such registration and operate illegally are, by definition, Ponzi schemes. HyperFund and Hyperverse fall into this category.