HyperFund is part of HyperTech, owned by Ryan Xu.
As per the FCAs March 23rd HyperFund warning;
We believe this firm has been providing financial services or products in the UK without our authorisation.
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.
However, some firms act without our authorisation and some knowingly run investment scams.
This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.
Curiously the website domain the FCA cite for HyperFund (thehyperfund.online), has been parked.
HyperFund operates from thehyperfund.com. Alexa traffic analysis shows interest beginning late January 2021.
Alexa pegs the US as the largest source of traffic to HyperFunds website (52%). Nigeria (18%) and Canada (12%) follow.
Neither HyperFund, Ryan Xu or any of his other companies are registered to offer securities in the US.
BehindMLM came across Xu in our January 2020 HyperCapital review.
HyperCapital, a Ponzi scheme, was Xus attempt to resurrect the failed HCASH shitcoin.
HyperCapitals website is no longer accessible and the Ponzi scheme seems to have collapsed.
HyperFund, according to its website, is Xus transition to DeFi scamming.
HyperTech Group has launched the HyperFund Ogilvy Plan to build a DeFi (Decentralized Finance) ecosystem.
For all intents and purposes, HyperFund appears to be the successor to Xus failed HyperCapital Ponzi scheme.
Ive done some research into HyperFund and will be publishing a review shortly.
Update 10th April 2021 BehindMLMs HyperFund review is now live.