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Rodney Burton (Bitcoin Rodney)

avoid.net/rodney-burton-bitcoin-rodney0/100·95% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

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anchored·5G3apV…fz9a

Summary

Rodney Burton, a 56-year-old Miami-based crypto promoter operating under the alias 'Bitcoin Rodney,' pleaded guilty on June 15, 2026, to conspiracy to operate an unlicensed money transmitting business in connection with the HyperFund Ponzi scheme, which federal prosecutors allege collected approximately $1.89 billion from investors worldwide between 2020 and 2022. Burton personally received at least $7.85 million in fraudulent proceeds and leveraged appearances by high-profile celebrities to recruit retail investors. He was arrested in January 2024 at Miami International Airport carrying a one-way ticket to the United Arab Emirates and has been held without bail pending sentencing on July 23, 2026.

Connected Entities

1 entity · 1 linked investigation
Tokens
Rodney Burton (Bitcoin Rodney)

Connected Through

1 shared actor · 1 investigation

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

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Timeline(15 events)

2012

Burton alleged to have participated as a 'net winner' in ZeekRewards, a $600 million Ponzi scheme later shut down by the SEC.

BehindMLM

4 August 2010

Burton released from federal prison after serving approximately five years for conspiracy to distribute cocaine (21 U.S.C. § 846).

BlockTribune

2015

Burton identified as a promoter of uFun Club, a Thailand-based MLM crypto scheme.

BehindMLM

2017

Burton promoted USI-Tech, an automated forex and cryptocurrency Ponzi scheme that later attracted FBI scrutiny.

Engadget

2018

Burton promoted EyeLine Trading, another alleged crypto Ponzi scheme.

BehindMLM

June 2020

HyperFund begins operations; Burton begins promoting the scheme to investors, according to federal prosecutors.

DOJ

2021

Burton hosts 'Reinvent Yourself With Crypto' conference in Miami featuring Akon, Daymond John, Jordan Belfort, and Tiffany Haddish.

Rolling Stone

July 2021

HyperFund begins blocking investor withdrawals, according to federal prosecutors.

DOJ — District of Maryland

2022

HyperFund scheme winds down; Burton's promotional activity for the scheme ends around this period per prosecutors.

Crypto Briefing

4 January 2024

Burton arrested at Miami International Airport carrying a one-way ticket to the United Arab Emirates.

BehindMLM

29 January 2024

DOJ unseals charges against Sam Lee (indictment) and Brenda Chunga (guilty plea) in the HyperFund case; SEC files parallel civil action. Burton faces criminal complaint charging unlicensed money transmitting.

DOJ / CNBC

2024

Federal judge denies bail for Burton, labeling him an extreme flight risk; pretrial detention upheld on appeal.

Bitcoin.com News

2025

Superseding indictment filed against Burton adding conspiracy to commit wire fraud, two wire fraud counts, and seven money laundering counts to original charges.

The Block / IRS Criminal Investigation

15 June 2026

Burton pleads guilty to one count of conspiracy to operate an unlicensed money transmitting business before U.S. District Judge Richard D. Bennett in Maryland.

DOJ Criminal Division

23 July 2026

Sentencing hearing scheduled before U.S. District Judge Richard D. Bennett; Burton faces up to five years in federal prison.

Decrypt
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 19 of 21 cited source URLs have an Internet Archive snapshot.

model: claude-code-investigator

generated: 6/18/2026, 5:11:58 PM

last updated: 8/8/2026, 1:24:53 AM

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