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HyperFund Crypto Scam Promoter Rodney Burton Faces 11 Federal Charges

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Rodney Burton, aka 'Bitcoin Rodney,' faces 11 federal charges in Maryland tied to the $1.8B HyperFund crypto scam. Indictment includes wire fraud, money laundering, and running an unlicensed business. Burton allegedly spent investor funds on luxury assets from 2020–2024. Co-defendant Brenda Chunga has pleaded guilty; co-founder Sam Lee remains at large. Burton was previously arrested in January 2024 for the HyperVerse scam. The case highlights ongoing Anti-Money Laundering efforts in crypto markets.
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