HyperVerse hedge fund CEO may not exist — Investigation finds no record of identity after collapse causing an estimated $1.3 billion in customer losses::HyperVerse’s collapse caused an estimated $1.3 billion in customer losses.
Celebrities and influencers, including Apple co-founder Steve Wozniak, endorsed Reece Lewis as a strong leader for the HyperVerse. … Wozniak said in a video that he supported “Steven,” proclaiming, "I can’t wait for the HyperVerse.”
In 2022, a writer for the British tabloid called The Mirror, Andrew Penman, attempted to raise a red flag, noting that all three of the celebrities (Wozniak, Chuck Norris, and Lance Bass) who endorsed Reece Lewis declined to confirm ever knowing him.
Oh Woz. How the mighty have fallen. Whatever they paid you, it wasn’t enough. Also you’re filthy rich already FFS.
SnotFlickerman@lemmy.blahaj.zone 11 months ago
This is the real endgame for AI.
Right now, we actually have available at least a path for journalists to follow to find wrongdoing by corporations.
Just wait until a future is filled with corporate boards that are all made up aliases that don’t represent who the ownership and leadership really is?
CEOs and the C-Suite have hidden behind customer service and the like for decades now, insulating themselves from ever having to hear a complaint from a customer. The CEOs don’t give a damn about the call center customer service workers suffering abuse from angry customers because of the CEOs own shitty decisions.
The second they can get away with hiding themselves behind false personas, they fucking will and this kind of shit is proof.
Inb4: “But these people were clearly scammers and charlatans!”
I think you misspelled “capitalist.”
CaptainSpaceman@lemmy.world 11 months ago
The real fun is trying to track down who actually OWNS these companies. They hide their names behind shell companies and redacted filings.
jmp242@sopuli.xyz 11 months ago
I don’t think being a capitalist requires being shady, nor that being some other economic system would stop some people being shady.
Some potential solutions: Governments could decide corporations must have actual named people in charge, ID by say passports or drivers licenses validated in person at an office to be issued an LLC or whatever.
People also do sometimes use brands or other company identifiers when deciding who to purchase from.
SnotFlickerman@lemmy.blahaj.zone 11 months ago
No, but capitalism is literally the only system built around rewarding greed, avarice, and shadyness. It literally incentivizes those things, sorry.
Carighan@lemmy.world 11 months ago
I think the forced “this person is ultimately to be held accountable” would help a lot.
They can break it up if they want, based on company size in that country. Have responsible persons for departments and so on. But only in addition to the one at the top, so now they are jointly held accountable, each 50%, basically.
These people as you say need to be verified with ID and all, and on top of that need to have their finances registered as, like I said, they’re responsible. If the company fucked it up, they fucked it up.
Sanctus@lemmy.world 11 months ago
In the USA at least, that will never happen as long as corporate bribery is legal. They pay to get what they want.