Reform UK councillor promoted collapsed $1.9bn ‘Ponzi scheme’ HyperVerse that left victims suicidal
Why This Matters
Key context: <p>Susan Lawrence, elected to Wolverhampton city council, sits on committee overseeing financial reporting of multimillion-pound budget</p><p>A woman who promoted a notorious cryptocurrency scam has been elected as a Reform UK councillor and now sits on the audit and risk committee of a major city council.</p><p>Susan Lawrence was one of the main UK promoters of the HyperVerse cryptocurrency scheme, which was named in US court documents as an alleged “pyramid and Ponzi scheme” that cheated investors worldwide out of a “staggering” $1.89bn (£1.41bn).</p> <a href="https://www.theguardian.com/politics/2026/nov/07/reform-uk-councillor-promoted-alleged-ponzi-scheme-hyperverse">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.
Susan Lawrence, elected to Wolverhampton city council, sits on committee overseeing financial reporting of multimillion-pound budgetA woman who promoted a notorious cryptocurrency scam has been elected as a Reform UK councillor and now sits on the audit and risk committee of a major city council.Susan Lawrence was one of the main UK promoters of the HyperVerse cryptocurrency scheme, which was named in US court documents as an alleged “pyramid and Ponzi scheme” that cheated investors worldwide out of a “staggering” $1.89bn (£1.41bn). Continue reading...
Curation & Context
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