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Bitcoin Rodney faces 11 charges, with a maximum sentence of 20 years
According to sources from Ha Shilian, cryptocurrency promoter Rodney Burton is facing 11 federal charges for allegedly participating in an $1.8 billion HyperFund crypto scam. The charges include conspiracy to commit wire fraud, 7 counts of money laundering, and operating an unlicensed remittance business. If convicted, he could face up to 20 years of federal imprisonment. Rodney Burton promoted the HyperFund project from June 2020 to May 2024 and used investor funds to purchase luxury apartments, sports cars, and yachts. In the HyperFund case, co-defendant Brenda Chunga has pleaded guilty, while co-founder Sam Lee remains at large. Last January, U.S. authorities arrested and charged Rodney Burton, the initiator of the HyperVerse crypto investment scam.
#Cryptocurrency #Blockchain #HyperFund #CryptoFraud #CryptocurrencyScam