“Top 5 Cryptocurrency Trends to Watch in 2021”

🌟**Big News Alert!** πŸ“’ Australia’s Security Regulator Under Fire for Not Warning Citizens About HyperVerse Crypto Scheme! πŸ‡¦πŸ‡ΊπŸ’₯

πŸ‘‰ 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. πŸ€” **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. 🀫

πŸ”΄ Jones slammed the scheme for **Duping** people into investing in worthless products, resulting in major losses for many individuals. πŸ’ΈπŸ“‰

πŸ’¬ **Jones explains:** “These schemes lure innocent investors into putting money into products that might not even exist, relying solely on cash from new participants.” πŸ”„

⚠️ 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! πŸ”πŸ”’

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