DOJ Exposes $7.8M Crypto Scam Tied To Bitcoin Rodney
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Rodney Burton, aka “Bitcoin Rodney”, now faces a series of federal charges in the United States. Former promoter of the HyperFund project, renamed HyperVerse, he is charged with wire fraud, money laundering, and illegal transmission of funds. According to the indictment, millions of dollars of investments were allegedly diverted. The case marks a new step in the crackdown on abuses related to the promotion of unregulated crypto projects.
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