🌟**Big News Alert!** 📢 Australia’s Security Regulator Under Fire for Not Warning Citizens About HyperVerse Crypto Scheme! 🇦🇺💥
👉 Australia’s Assistant Treasurer, Stephen Jones, is on a mission to find out why the country’s securities regulator **Overlooked** the potential risks of the HyperVerse crypto scheme. 🤔 **Recent report by The Guardian reveals Jones will grill the Australian Securities and Investment Commission (ASIC)** for not alerting consumers like other regulators worldwide. 🌏
🟢 Despite warnings and labels as a **Possible Scam and Pyramid Scheme** by foreign authorities, the HyperVerse scheme managed to slip past Aussie regulators, leading to significant global losses. 🌐 Countries such as New Zealand, Hungary, Germany, Canada, and the UK had issued warnings back in 2021 – yet our local watchdogs stayed silent. 🤫
🔴 Jones slammed the scheme for **Duping** people into investing in worthless products, resulting in major losses for many individuals. 💸📉
💬 **Jones explains:** “These schemes lure innocent investors into putting money into products that might not even exist, relying solely on cash from new participants.” 🔄
⚠️ Although puzzled by the lack of warnings, Jones expects such operations to be flagged to protect consumers. 🚩 Stay tuned for more updates on the unfolding investigation! 🔍🔒