HyperFund Promoter ‘Bitcoin Rodney’ Pleads Guilty in $1.8 Billion Crypto Scam

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.

A Florida man has pleaded guilty to operating an unlicensed money-transmitting business tied to HyperFund, a crypto investment scheme that U.S. authorities have described as a fraud that collected roughly $1.8 billion from investors. The U.S. Attorney’s Office for the…

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

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.

The case underscores the urgent need for enhanced security measures and awareness to protect crypto holders from sophisticated social engineering scams. The post Trenton Richard Johnston arrested for $13M crypto scam involving social engineering attacks appeared first on Crypto Briefing.