Project and issuer profile, and regulatory warnings

1. The named issuer: Sentinum Ltd.

Corporate information

The Bitcoin Hyper white paper, dated 4 May 2025 (current version 4 January 2026), is issued by Sentinum Ltd., a company registered in the British Virgin Islands with Company Number 2182846, registered office Quijano Chambers, P.O. Box 3159, Road Town, Tortola, Virgin Islands (British), managing director Agus Prabowo Saputra, contact [email protected]. This information is reproduced as stated in the project's own materials and has not been independently verified against an official company register.

The registered agent

The address "Quijano Chambers, P.O. Box 3159" corresponds to the offices of Quijano & Associates (BVI) Limited, a professional offshore corporate-services firm. The same address appears in the Panama Papers and Paradise Papers datasets published by the International Consortium of Investigative Journalists (ICIJ Offshore Leaks Database) and is the registered address of numerous offshore entities registered through the same agent. This is a professional registered agent that provides a registered address to a large number of companies; its presence, in itself, implies no judgement on the issuer, but it is not an indicator of economic substance or of a local operating presence.

The managing director

A search of independent public sources (LinkedIn, commercial registers, academic publications, code repositories and specialist press) did not make it possible to find verifiable biographical or professional information on the name Agus Prabowo Saputra beyond the Bitcoin Hyper materials themselves. Independent verification of the identity and professional background of management is a standard element of issuer-level KYC; in this specific case, on the basis of the public sources available, it is not possible.

Cases of name coincidence — clarification

The name "Sentinum" is also used by other parties that bear no relationship whatsoever to Bitcoin Hyper. They are listed here to avoid confusion:

• Sentinum, Inc. — a Nevada company, a wholly owned subsidiary of Hyperscale Data, Inc. (NYSE American: GPUS), operating a Bitcoin-mining data centre in Dowagiac, Michigan. It has no corporate, contractual, technological or marketing relationship with Sentinum Ltd. or with Bitcoin Hyper.
• Sentinum GmbH — a German company active in the field of LPWAN IoT sensors, based in Nuremberg/Fürth, acquired by the ifm group in May 2023. No relationship with Bitcoin Hyper.
• Sentinum LLC — a US entity registered by the TMR Wine Company for beverages (USPTO registration no. 97171228, class 33 — wines). No relationship with Bitcoin Hyper.

The author has carried out documentary checks on the cases of name coincidence listed above. Any mental association the reader might make between Sentinum Ltd. (the named issuer of $HYPER) and these third-party entities is without documented foundation.

Issuer transparency — limitations

On the basis of the public sources that can be consulted, the following do not appear to be available: the company's financial statements; the identity of the ultimate beneficial owners; a public source-code repository for the Layer 2 rollup, for the SVM virtual machine ported to Bitcoin, for the canonical bridge, or for the proof systems referred to in the public materials. The security audits published as at the date this page was updated cover the ERC-20 presale contract used to raise funds, not the Layer 2 architecture described in the white paper.

Sources

Bitcoin Hyper white paper (version 04/01/2026); ICIJ Offshore Leaks Database (offshoreleaks.icij.org); USPTO TESS; SEC EDGAR for Hyperscale Data Inc.; ifm group press release of May 2023 on the acquisition of Sentinum GmbH.

2. Regulatory warnings

The CNMV warning — 19 January 2026

The Spanish Comisión Nacional del Mercado de Valores (CNMV), the competent authority for the supervision of financial markets under Regulation (EU) 2023/1114 (MiCA / Markets in Crypto-Assets Regulation), published on 19 January 2026 a warning that includes, in its list of entities not authorised to provide crypto-asset services in Spain, the following parties associated with the project:

• Bitcoin Hyper
• Sentinum Ltd.
• Bitcoinhyper Ltd.
• The domains bitcoinhyper.com and bitcoinhyper.ltd

The warning is available on the CNMV's official website (www.cnmv.es), in the section dedicated to unregistered entities ("entidades advertidas").

What a warning under MiCAR does, and does not, mean

A warning of this kind attests to a specific fact: the party is not registered as a Crypto-Asset Service Provider (CASP) in the Member State issuing the warning and is not authorised to provide crypto-asset services in that jurisdiction. It does not amount to a finding of fraud, nor to a sanction: it is a precautionary warning to retail customers. It does, however, constitute an objective regulatory fact that an investor should take into account when forming a judgement, since the MiCA Regulation applies in all Member States of the European Union, Italy included, and warnings issued by competent EU authorities are relevant under the principle of mutual recognition.

Practical consequences for the Italian investor

Positions in $HYPER purchased through the presale do not benefit from any of the protections that Regulation (EU) 2023/1114 provides for authorised CASPs: neither the issuer-transparency requirements, nor the capital safeguards designed to protect investors, nor the dispute-resolution mechanisms envisaged for regulated crypto services. Should problems arise (failure to launch the mainnet, an unreachable issuer, token illiquidity, an attack on the bridge, litigation), the remedies available would be those of the ordinary law of Sentinum Ltd.'s jurisdiction (BVI), with all the practical difficulties of access that this entails for an Italian investor.

Sources

Comisión Nacional del Mercado de Valores, warning of 19 January 2026 (www.cnmv.es); Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (consolidated text available on EUR-Lex).

3. Independent investigations into the cluster of issuers

Editorial and marketing patterns

As at the date this page was updated, a number of outlets and independent researchers have published investigations that link Bitcoin Hyper to a wider set of presale crypto-assets sharing common editorial patterns, corporate structure, audit firms, promotional channels and payment gateways. Among the published investigations that the reader may consult independently:

• TheHolyCoins, the "Finixio Exposed" series (parts 1, 2, 3) and "Spain CNMV Issues MiCA Warning on Bitcoin Hyper ($HYPER)" — theholycoins.com
• Recleudo, "Another Layer to the Finixio Onion"
• Cryptoast, "Avis Bitcoin Hyper – Arnaque ou projet crypto fiable?" — cryptoast.fr

The investigations cited are the editorial opinions of third parties and do not constitute proof of a corporate relationship between Bitcoin Hyper and the other parties mentioned. They are reported on this page to allow the reader to consult critical perspectives already published by independent sources, to assess their reliability independently, and to form an informed judgement.