The U.S. federal prosecutors have upgraded charges against cryptocurrency promoter Rodney Burton (alias "Bitcoin Rodney"), who is suspected of involvement in the HyperFund (also known as HyperVerse) crypto Ponzi scheme with a scale of up to $1.8 billion. The latest indictment adds wire transfer fraud-related charges. Burton currently faces a total of 11 federal charges, including conspiracy to commit wire transfer fraud, two counts of wire transfer fraud, seven counts of money laundering, and operating an unlicensed money transfer business. (The Block)
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The U.S. federal prosecutors have upgraded charges against cryptocurrency promoter Rodney Burton (alias "Bitcoin Rodney"), who is suspected of involvement in the HyperFund (also known as HyperVerse) crypto Ponzi scheme with a scale of up to $1.8 billion. The latest indictment adds wire transfer fraud-related charges. Burton currently faces a total of 11 federal charges, including conspiracy to commit wire transfer fraud, two counts of wire transfer fraud, seven counts of money laundering, and operating an unlicensed money transfer business. (The Block)