# @hypingbull: Hypervault founder Nick Olsen allegedly steals $6.3M from users

Source: https://x.com/hypingbull/status/1971535262594249129

## Summary

A social media post accuses Nick Olsen, described as a Swedish founder of Hypervault, of allegedly stealing $6.3 million worth of crypto assets from investors, leaving Hypervault smart contracts empty. The post says multiple people, including @hypeconomist, who had a call with him before depositing money into vaults, confirm this. It shares Olsen's X profile and an email address used for a call, and urges the community to stay away from his projects.

## Article

🚨 CALLING OUT THE WHOLE CRYPTO COMMUNITY! SCAMMER WANTED!

The guy in the image is Nick Olsen from Sweden. He is the founder of Hypervault. Today, he had stolen 6.3 million USD worth of different crypto assets from investors. Hypervault smart contracts are empty. Many people were affected.

How do I know that the guy in the photo is really a bad actor? Multiple people, including @hypeconomist, who had a call with him before putting their money into vaults, confirm this.

This is his profile on X: https://x.com/0xNyck/
E-mail he used for a call: rizwan.bizdev@gmail.com

I understand that it's almost impossible to find this guy. But we have a hope. The crypto community isn't that big. Who knows, maybe we will find this bastard. 

At least you guys will know that this is a scammer and you need to stay away from his projects.