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Bitcoin Rodney enters guilty plea in $1.8B cryptocurrency fraud scheme
Jun 17, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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On June 16 Rodney Burton, aka "Bitcoin Rodney", pleaded guilty in federal court for his role in the $1.8 billion HyperFund cryptocurrency fraud. The guilty plea, announced by U.S. Attorney Kelly O. Hayes and federal agents, highlights growing regulatory enforcement risk for crypto promoters and investors and could weigh on trust, token adoption and DeFi and CEX activity.
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Rodney Burton, popularly known as “Bitcoin Rodney,” pleaded guilty for his role in the $1.8 billion HyperFund cryptocurrency fraud in a federal court yesterday, June 16. U.S. Attorney Kelly O. Hayes announced the guilty plea alongside Kareem Carter, the IRS Criminal Investigation Special Agent in Charge, and Pete Gizas, the HSI New York Special Agent...
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In This News
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$ 64.07K
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