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Enhanced Games: Redefining Sports with Science

The Enhanced Games: A New Era of Athletic Performance In a bold move that challenges the long-standing traditions of the sporting world, a new organization called the Enhanced Games is set to debut at the upcoming Paris Olympics. Backed by tech billionaire Peter Thiel, this initiative seeks to redefine the boundaries of human potential by allowing athletes to use performance-enhancing drugs under clinical supervision. This provocative approach raises significant questions about the future of sports, the ethics of competition, and the very essence of athletic achievement. The Vision Behind the Enhanced Games Leading the Charge Aron D Souza, a lawyer known for his legal battles, notably against Gawker Media, stands at the helm of this revolutionary concept. He asserts that science should not be an outcast in sports , arguing for its integration to unlock unparalleled human capabilities. The aim is to “end the oppression of science in sports,” as D Souza emphasized in an intervie

Unveiling the $1.89 Billion HyperFund Cryptocurrency Scam: Legal Ramifications and Plea Deal

An Australian and two Americans have been charged with orchestrating a $1.89 billion cryptocurrency scam based around a purported DeFi platform called HyperFund, as announced by the U.S. Department of Justice on Monday. The DOJ accused Australian citizen Sam Lee of co-founding HyperFund, with Rodney Burton and Brenda Chunga promoting it, collectively defrauding investors of a staggering $1.89 billion by falsely claiming that investment returns would stem from non-existent cryptocurrency mining operations.

Alleged Fraud Scheme Details

  • Timeframe: From June 2020 to November 2022
  • False Claims: HyperFund offered and sold investment contracts to the public, making false claims including providing daily passive rewards of 0.5% to 1% to investors until doubling or tripling the initial investment.
  • Payment Source: HyperFund claimed payments would be from revenues generated by large-scale crypto mining operations that did not actually exist.
  • Withdrawal Issues: HyperFund began blocking investor withdrawals from at least July 2021.

Legal Charges and Plea

  • Charges: Lee and Chunga are charged with conspiracy to commit securities and wire fraud, while Burton is charged with running an unlicensed money transmitting business.
  • Guilty Plea: Chunga pleaded guilty.
  • Potential Sentence: The trio faces a maximum sentence of five years in federal prison if convicted.

Multiple Aliases

  • Known as: HyperFund is also known as HyperTech, HyperCapital, HyperVerse, and HyperNation.

The U.S. Attorney Erek L. Barron for the District of Maryland emphasized the severity of financial frauds, warning that if an investment opportunity sounds too good to be true, it likely is. The Justice Department, along with law enforcement partners, vow to hold perpetrators accountable for fraudulent schemes like this one. As cryptocurrency crimes continue to pose challenges, the Department of Justice remains vigilant in combating such illegal activities.

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