US EditionCrypto Promoter “Bitcoin Rodney” Faces Up to 20 Years on New Charges
9 Articles
9 Articles
Rodney Burton, alias "Bitcoin Rodney", is now facing a series of federal charges in the United States. Former promoter of the HyperFund project, renamed HyperVerse, he is being prosecuted for electronic fraud, money laundering and illegal transfer of funds. According to the indictment, millions of dollars of investments would have been diverted. The case marks a new step in the suppression of the drifts related to the promotion of unregulated cr…
“Bitcoin Rodney” Indicted In Alleged $1.8 Billion HyperFund Fraud Scheme - The BayNet
BALTIMORE, Md. – A federal grand jury returned a superseding indictment charging Rodney “Bitcoin Rodney,” Burton, 56, of Miami, Florida, and Prince George’s County, Maryland, for his role as an alleged promoter of a $1.8 billion fraud scheme. Burton is charged with conspiracy to commit wire fraud, two counts of wire fraud, seven counts of money laundering, and one count of operating an unlicensed money transmitting business. Kelly O. Hayes, U.S…
Bitcoinist
Bitcoin InsiderCrypto Promoter Hit With New Indictment Over $1.8 Billion HyperFund Case
Crypto promoter Rodney Burton, popularly known as “Bitcoin Rodney,” is facing new charges for his alleged role in the $1.8 billion HyperFund pyramid scheme. This development comes almost two years after the US Department of Justice brought criminal charges against two of the co-founders of the crypto Ponzi scheme. In January 2024, the US DOJ charged Xue Lee (Sam Lee) and Brenda Chunga (Bitcoin Beautee) for their roles in HyperFund. According to …
Crypto Promoter Bitcoin Rodney Faces 11 Federal Counts in HyperFund Case
What Do the New Charges Against Rodney Burton Include? Rodney Burton, the crypto promoter known as “Bitcoin Rodney,” is facing a far broader set of federal charges tied to the alleged $1.8 billion HyperFund scheme. A superseding indictment filed by the U.S. Attorney’s Office for the District of Maryland adds wire fraud conspiracy, two counts of wire fraud, seven counts of money laundering, and a charge for operating an unlicensed money transmitt…
Cryptopolitan
Bitcoin Ethereum NewsBitcoin Rodney hit with expanded charges in $1.8B HyperFund crypto scam
Rodney Burton, a Miami-based cryptocurrency promoter known online as “Bitcoin Rodney,” has faced a significantly expanded federal indictment in connection with his alleged role in a $1.8 billion HyperFund cryptocurrency scam, according to federal prosecutors. Burton is now facing 11 federal counts, according to a superseding indictment brought in the U.S. District Court for the District of Maryland, which covers the following: conspiracy to com…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
