{"id":12623,"date":"2023-12-13T15:37:56","date_gmt":"2023-12-13T14:37:56","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/12\/13\/investors-lose-millions-as-crypto-schemes-operate-unchecked-in-australia\/"},"modified":"2023-12-13T15:37:56","modified_gmt":"2023-12-13T14:37:56","slug":"investors-lose-millions-as-crypto-schemes-operate-unchecked-in-australia","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/12\/13\/investors-lose-millions-as-crypto-schemes-operate-unchecked-in-australia\/","title":{"rendered":"Investors lose millions as crypto schemes operate unchecked in Australia"},"content":{"rendered":"<p><strong>Exclusive:<\/strong> the New Zealand regulator has warned the schemes could be a \u2018scam\u2019 but they have escaped such scrutiny in Australia and thousands have lost money<\/p>\n<ul>\n<li>Get our <a href=\"https:\/\/www.theguardian.com\/email-newsletters?CMP=cvau_sfl\">morning and afternoon news emails<\/a>,<a href=\"https:\/\/app.adjust.com\/w4u7jx3\"> free app<\/a> or <a href=\"https:\/\/www.theguardian.com\/australia-news\/series\/full-story?CMP=cvau_sfl\">daily news podcast<\/a>\n<\/li>\n<\/ul>\n<p>Thousands of investors have lost millions of dollars in crypto investment schemes that have escaped regulator warnings in Australia, despite financial authorities overseas warning two of the schemes were a possible \u201cscam\u201d and \u201csuspected pyramid scheme\u201d, a Guardian Australia investigation has found.<\/p>\n<p>The schemes have operated under various names including HyperFund and HyperVerse.<\/p>\n<p><strong><a href=\"https:\/\/www.theguardian.com\/email-newsletters?CMP=copyembed\">Sign up for Guardian Australia\u2019s free morning and afternoon email newsletters for your daily news roundup<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/australia-news\/2023\/dec\/14\/crypto-currency-schemes-investors-losing-millions-regulation-hyperverse-warning-ntwnfb\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/5397b516643d4957c75f510034bce939806d789e\/0_0_2500_1500\/master\/2500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=a30de24d5d8af2724c38c2a592ee31fa\" title=\"Investors lose millions as crypto schemes operate unchecked in Australia\" \/>Exclusive: the New Zealand regulator has warned the schemes could be a \u2018scam\u2019 but they have escaped such scrutiny in Australia and thousands have lost money<br \/>\nGet our morning and afternoon news emails, free app or daily news podcast<\/p>\n<p>Thousands of investors have lost millions of dollars in crypto investment schemes that have escaped regulator warnings in Australia, despite financial authorities overseas warning two of the schemes were a possible \u201cscam\u201d and \u201csuspected pyramid scheme\u201d, a Guardian Australia investigation has found.<br \/>\nThe schemes have operated under various names including HyperFund and HyperVerse.<br \/>\nSign up for Guardian Australia\u2019s free morning and afternoon email newsletters for your daily news roundup Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exclusive: the New Zealand regulator has warned the schemes could be a \u2018scam\u2019 but they have escaped such scrutiny in Australia and thousands have lost money Get our morning and afternoon news emails, free app or daily news podcast Thousands of investors have lost millions of dollars in crypto investment schemes that have escaped regulator &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/12\/13\/investors-lose-millions-as-crypto-schemes-operate-unchecked-in-australia\/\"> <span class=\"screen-reader-text\">Investors lose millions as crypto schemes operate unchecked in Australia<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":12624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12623"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=12623"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/12624"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=12623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=12623"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=12623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}