“Bitcoin Rodney” arrested in multi-million HyperVerse Crypto scam that duped lakhs of investors

Rodney Burton, alias “Bitcoin Rodney,” is accused of promoting a fraudulent crypto investment scheme, marking the first arrest in the HyperVerse saga. The US Internal Revenue Service (IRS) alleges Burton ran an unlicensed money transmitting business, receiving over $7.8 million from investors. HyperFund, operating under various names, promised daily rewards but collapsed, leaving investors with worthless “Hyper Units.” Investigations are underway into Australian businessmen Sam Lee and Ryan Xu’s involvement in the case.