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The CEO of collapsed crypto fund HyperVerse, who was accused of disappearing with millions of dollars’ worth of investors’ funds, may not exist at all, according to new findings.
In reports earlier this month, German news outlet WirtschaftsWoche had reported that HyperVerse’s CEO Nico Neuhof had suddenly vanished with investors’ assets estimated to be worth $2 million USD. Recent investigations, however, suggest that the identity of Nico Neuhof is a complete fabrication, though there has been no conclusive evidence as to what its purpose was.
The investigation, conducted by the production company behind the YouTube channel and podcast Unconfirmed, confirmed that the identity of Nico Neuhof is most likely a fictitious persona. Unconfirmed compared ID documents obtained by HyperVerse investors against existing public records, which all turned up results that showed no trace of a Nico Neuhof. Along with this, Unconfirmed’s team also dug into the sophisticated paper trail that CryptoFundLaw, a Brussels-based advisory firm, had set up in order to transact some of the funds.
In addition, Unconfirmed interviewed Anthony van der Hoof, the CTO of CryptoFundLaw, who confirmed that the ID of Nico Neuhof was given to them by a man named “Ilya”. He also mentioned that CryptoFundLaw had never met the person whose ID was given to them, and that he had not seen or heard from “Ilya” since.
The investigation does not stop there, however, and no conclusion has yet been made as to the fate of the funds or who the real culprit behind this disappearance might be. The HyperVerse joint venture, where Nico Neuhof was CEO, was created by a trio of German-based funds, all of which remain silent on the matter.
CryptoWatch will continue its coverage of this unfolding situation and update the story as more information arises.