Sam Lee, a fugitive operator behind a series of collapsed Ponzi schemes, recently announced his intention to "rebuild" Hyperverse. During a webinar hosted by Tami Jackson, Lee promised to repay existing victims without requiring new investments from them, despite outlining a strategy that relies heavily on fresh capital.

Speaking with noticeably slurred speech, Lee sought to reassure participants, stating he needed "a week" for his team to finalize a "roadmap" focused on delivery. He claimed a mere "thirty minutes" would suffice to generate excitement about his plans to resurrect Hyperverse. This public appearance marks another attempt by Lee to restart operations after previous failures.

The core of Lee's proposed repayment strategy, however, points to a familiar mechanism in fraudulent schemes. He stated that "the more momentum I'm able to build, through actually building the Hyperverse, because when you build a platform and everybody signs up and everybody starts doing things, there's value generated. And if that value that is generated is going into your wallet, then I am paying you guys back." This model effectively requires a continuous influx of new participants and their funds to create the illusion of returns for earlier investors.

Tami Jackson, identified through her LinkedIn profile as based in New Jersey, continues to play a significant role in Lee's ventures. She operates the "Prosperity Mindset Club" on Facebook and has been associated with Lee's schemes since their early stages. Jackson was involved with HyperCapital's launch in 2019 and presented for the Hyperverse launch in December 2021, demonstrating a long-standing partnership in these operations.

The HyperTech Group, under Lee and his partner Ryan Xu, has cycled through multiple iterations over the years. The sequence began with HyperCash in 2017, initially targeting investors in Asia. By 2019, the operation expanded globally under the name HyperCapital. Following its collapse, HyperFund emerged as a replacement, which itself eventually failed.

The collapse of HyperFund then led to the creation of Hyperverse. When Hyperverse similarly imploded, it was followed by HyperOne and HyperNation, each presented as a new opportunity. This pattern of rebranding and relaunching schemes under a new name is a hallmark of such fraudulent enterprises, designed to evade scrutiny and attract new, uninformed investors.

By the time Hyperverse failed, Lee had reportedly fled to Dubai, believed to be using an Australian passport. He did not publicly associate himself with HyperOne or HyperNation. Instead, he initiated a complete rebranding effort, launching StableDAO as a fresh platform for new ventures.

StableDAO has already spawned several subsidiary schemes, including StableOpinion and VidiLook, both of which have also collapsed. This rapid succession of launches and failures reflects an ongoing effort to generate new funds from unsuspecting individuals. Regulatory bodies globally, including Australia's ASIC and the UK's FCA, have issued warnings against HyperFund and related entities, identifying them as potential pyramid or Ponzi schemes.

The announcement of Hyperverse's "rebuilding" evokes a sense of deja vu for those who lost money in previous iterations. The underlying product changes, but the core pitch — high returns funded by new money — remains consistent. This cycle ensures that only those at the top of the pyramid ultimately profit, leaving a trail of financial devastation for the vast majority of participants.