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Florida Man 'Bitcoin Rodney' Pleads Guilty Over $1.8 Billion HyperFund Crypto Fraud

From decrypt.co

A Florida man known online as "Bitcoin Rodney" pleaded guilty in federal court in Baltimore this week to conspiring to run an unlicensed money transmitting business tied to a $1.8 billion cryptocurrency fraud scheme, according to prosecutors. The 56-year-old Rodney Burton of Miami, who also has a residence in Prince George's County, Maryland, admitted to promoting HyperFund, a cryptocurrency platform that prosecutors say was in fact a sweeping wire-fraud operation targeting investors around the world. According to court documents, Burton conspired between June 2020 and January 2022 to provide unlicensed ... (full story)

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