HyperFund promoter Bitcoin Rodney admits role in $1.8B crypto fraud

Bitcoin Rodney Pleads Guilty in HyperFund Crypto Fraud The post Bitcoin News Today: ‘Bitcoin Rodney’ Pleads Guilty in $1.8Bn HyperFund Fraud appeared first on 99Bitcoins.

Rodney Burton, known as Bitcoin Rodney, has pleaded guilty to a conspiracy charge connected to the $1.8 billion HyperFund crypto fraud scheme.

The case highlights the need for increased vigilance and regulatory scrutiny in the crypto space to protect investors from fraudulent schemes. The post Florida man pleads guilty in $1.89B HyperFund crypto fraud case appeared first on Crypto Briefing.

Rodney “Bitcoin Rodney” Burton faces a maximum sentence of five years in federal prison for conspiracy to operate an unlicensed money transmitting business.

HyperFund drew $1.8 billion from investors worldwide through a crypto platform prosecutors described as a global wire-fraud scheme. Promoter “ Bitcoin Rodney” pleaded guilty to a federal conspiracy charge after authorities said he received at least $7.85 million. HyperFund Drew $1.8 Billion From Investors Worldwide Rodney Burton, also known as “ Bitcoin Rodney,” has pleaded […]

A Miami-based man who went by the name “Bitcoin Rodney” pleaded guilty for his role in what prosecutors said was a massive global fraud.

This case underscores the severe legal risks for crypto promoters and highlights the need for investor vigilance in the volatile crypto market. The post Florida man Rodney Burton pleads guilty in $1.89B HyperFund crypto fraud scheme appeared first on Crypto Briefing.

Robert Dillon was arrested at home in Florida despite living 300 miles away, and charges were later dropped Sign up for the Breaking News US newsletter email A Florida man is suing several law enforcement agencies for his arrest and prosecution for allegedly luring a child after he was wrongly identified using faulty AI facial recognition software. According to the Jacksonville Beach police department, an algorithm returned a 93% probability that Robert Dillon was the man caught on security cameras at a McDonald’s in the town attempting to persuade the unaccompanied girl, aged younger than 12, to leave with him. Continue reading...