Federal Grand Jury Charges “Bitcoin Rodney” and Two Others in $1.89 Billion Cryptocurrency Fraud Scheme
A federal grand jury has charged an online influencer known as “Bitcoin Rodney” and two other individuals with orchestrating a massive cryptocurrency fraud scheme. The charges allege that the three individuals defrauded investors by falsely promising substantial returns from cryptocurrency mining operations that turned out to be nonexistent. This multi-billion dollar fraud has sent shockwaves through the cryptocurrency community.
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