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Florida’s ‘Bitcoin Rodney’ Admits Guilt in Massive $1.8B Crypto Scam

From parameter.io

A Miami-based cryptocurrency promoter who went by the online moniker “Bitcoin Rodney” has entered a guilty plea in federal court for his participation in an $1.8 billion digital currency fraud operation. Rodney Burton, age 56, confessed to conspiracy charges related to running an unauthorized money transmission service that facilitated the promotion of HyperFund, a platform federal authorities characterize as a massive wire fraud enterprise. The plea announcement came from Kelly O. Hayes, United States Attorney for Maryland’s District, working in coordination with investigators from both the Internal Revenue ... (full story)

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