Florida Man 'Bitcoin Rodney' Pleads Guilty Over $1.8 Billion HyperFund Crypto Fraud

Crypto Insight Summary: ]( English Sign Up * * * * * * $65,287.00 -0.79% $1,762.69 -0.90% $602.65 -0.51% $0.99977 -0.00% $1.20 -0.81% $73.01 -0.14% $0.320859 1.21% $1.035 0.76% $72.45 -2.01% $0.086533 -0.50% $0.999664 0.01% $9.68 -0.35% $0.01401968 0.82% $486.40 -1.94% $0.228577 3.18% $0.164985 0.96% $339.88 1.65% $53.60 -0.47% $0.168847 -2.99% $8.21 0.49% $1.00 0.05% $0.999173 -0.01% $1.65 -0.92% $214.52 -0.74% $13.19 -0.29% $3.04 -3.01% $0.081539 0.81% $45.39 1.41% $0.793267 1.55% $1.13 0.00% $2.34 0.47% $6.88 1.53% $0.00000497 0.24% $1.00 0.02% $0.999686 0.02% $0.059449 -1.13% $4,332.46 0.67% $256.78 0.70% $1.00 0.00% $0.65099 0.61% $1.13 -1.92% $0.765862 16.40% $3.29 8.44% $4,345.55 0.71% $0.061328 2.32% $0.553517 -1.94% $0.374987 1.18% $1.02 2.22% $1.00 0.05% $74.62 -0.40% $0.00000171 1.73% $0.994363 0.12% $0.132164 -2.19% $0.058968 3.11% $0.999128 -0.01% $2.43 2.95% $0.999072 0.03% $1.97 0.86% $1.82 -0.80% $0.00000298 1.82% $7.37 0.88% $75.50 1.07% $71.19 -0.96% $1.99 0.19% $0.999515 -0.02% $11.12 0.01% $7.31 2.57% $107.07 0.00% $1.22 -0.07% $0.999668 0.01% $1.72 -0.39% $0.03217262 -1.56% $0.098081 5.03% $1.11 0.02% $0.091712 8.60% $0.828424 1.75% $0.07751 0.19% $0.03368722 -6.68% $16.47 9.63% $15.67 -16.28% $6.77 -0.35% $0.08263 1.10% $1.038 0.01% $0.676544 0.80% $0.00767258 -1.51% $0.817726 4.54% $0.194321 1.07% $0.079875 -0.67% $0.03004679 -1.03% $0.99892 -0.00% $0.68244 2.90% $0.999976 0.03% $0.087005 3.32% $0.998736 -0.01% $1.92 -34.52% $1.17 -0.13% $5.42 -3.71% $0.03140244 -5.35% $0.00149804 -1.46% $0.01313656 -1.31% $0.999305 -0.00% $0.997853 -0.06% $3.86 3.18% $115.59 0.01% $0.499931 1.40% $37.32 -0.12% $0.209435 1.48% $1.86 10.41% $0.00853424 -9.65% $1.93 2.58% $1.40 0.67% $0.0071507 1.56% $0.00507562 -1.84% $1.16 -0.09% $0.185538 -1.94% $0.00000475 1.02% $0.623628 0.68% $0.0000743 6.21% $0.439457 14.33% $0.221711 -20.68% $1.043 0.03% $0.935125 -2.13% $0.055731 4.74% $0.402796 6.90% $0.241831 2.62% $0.358372 -14.92% $0.192457 0.92% $0.732181 -8.03% $0.998001 -0.01% $0.04112793 -3.61% $139.82 0.51% $0.357358 6.31% $0.01716191 1.83% $0.03998898 2.99% $0.500352 9.32% $0.117386 29.56% $0.114578 -2.48% $105.78 0.10% $0.052206 12.26% $0.246126 2.79% $70.46 0.89% $0.076043 10.01% $0.00000027 -0.15% $0.00000027 -0.38% $0.02208971 -3.57% $1.039 -8.36% $0.00261614 -1.04% $0.024371 -0.47% $0.00002627 1.44% $1.47 7.39% $0.00506868 3.15% $1.00 0.01% $0.118777 -10.03% $12.34 -1.17% $0.291906 7.13% $0.826098 5.15% $0.990849 -0.04% $15.94 -0.16% $0.00249536 -1.28% $0.10787 1.10% $0.03559321 -0.08% $0.231512 -2.78% $0.227618 0.26% $0.00000107 0.47% $0.03765239 -1.32% $0.999169 -0.28% $0.075867 3.72% $5.39 0.77% $0.04844057 0.94% $0.983087 -0.01% $0.01998732 0.97% $12.29 -1.93% $63.01 -1.27% $0.999224 -0.03% $0.062286 -1.55% $1.00 0.00% $0.725677 6.07% $1.002 -0.07% $1.11 0.06% $1.26 -1.93% $0.998933 -0.02% $2,171.31 -2.10% $1.12 -0.14% $0.00000302 0.08% $0.147907 6.68% $1.005 1.23% $17.91 2.04% $1.084 0.07% $0.172105 2.92% $2.02 -1.03% $0.406092 -1.51% $0.624042 0.90% $1.81 1.49% $0.068054 2.59% $0.164587 2.98% $2.85 -2.35% $1.087 0.01% $1.00 0.00% $2.30 2.22% $0.164626 0.64% $0.38149 0.78% $0.356577 -1.11% $0.996284 0.28% $0.00409894 2.72% $0.212019 0.68% $10.02 -2.73% $1 .22 2.09% $0.99942 0.13% $1.00 0.00% $0.053366 2.04% $0.417714 2.70% $1.011 0.01% $0.139205 3.84% $0.412761 -4.18% $1.00 0.06% $1.16 -0.12% $0.091658 1.82% $0.0012619 22.82% $2.07 3.27% $96.62 -1.64% $0.06979 2.06% $1.00 0.00% $0.062276 -3.75% $0.00271473 1.34% $0.564596 6.34% $0.129875 2.81% $0.12619 0.37% $0.102797 0.09% $0.03400839 -0.77% $0.130129 0.69% $0.250663 -0.15% $1.025 -0.19% $0.356779 2.83% $0.293349 0.48% $1.38 -0.34% $0.146496 1.03% $0.03259844 1.26% $0.49125 22.79% $0.01688458 -8.95% $0.074056 3.07% $1.001 0.15% $0.999048 -0.03% $0.999457 -0.03% $82.28 1.97% $0.997401 -0.08% $1,100.22 0.05% $1.00 0.00% $0.4711 -3.20% * * * Reading Florida Man 'Bitcoin Rodney' Pleads Guilty Over $1.8 Billion HyperFund Crypto Fraud * * * By Edited by Jun 17, 2026 Jun 17, 2026 2 min read Image: Shutterstock/Decrypt Create an account to save your articles. [Add on Google](https://www.google.com/preferences/source?q=decrypt.co) Add Decrypt as your preferred source to see more of our stories on Google. * Rodney Burton pleaded guilty to conspiring to run an unlicensed money-transmitting business tied to an alleged $1.8 billion crypto fraud scheme. * Burton personally received more than $7.8 million from the scheme and enlisted celebrities to help boost his profile. * He faces up to five years in prison, with sentencing scheduled for July 23. The 56-year-old Rodney Burton of Miami, who also has a residence in Prince George's County, Maryland, admitted to promoting HyperFund, a cryptocurrency platform that prosecutors say was in fact a sweeping wire-fraud operation targeting investors around the world. According to court documents, Burton conspired between June 2020 and January 2022 to provide unlicensed money-transmitting services that helped promote HyperFund, enriching himself in the process. The platform marketed itself to investors as a legitimate crypto investment vehicle, promising daily returns of 0.5% to 1% on "memberships" until an investor's initial stake doubled or tripled. By 2021, the company had begun freezing investor withdrawals altogether. Prosecutors say he personally pocketed more than $7.8 million from the operation, drawing some of those proceeds from Maryland-based victims. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Crypto fraud case damages market sentiment but impact is limited to specific tokens.