BlockBeats News, December 14th, according to The Block, the founder of the fraudulent crypto investment project HyperFund (also known as HyperVerse), Rodney Burton, is now facing 11 U.S. federal charges, including conspiracy to commit wire fraud, 7 counts of money laundering, and operating an unlicensed money transmitting business. Burton is accused of promoting the HyperFund project from June 2020 to May 2024 and using investor funds to purchase luxury apartments, sports cars, yachts, and other luxury items. Co-defendant Brenda Chunga has already pleaded guilty in the case, while the accused co-founder Sam Lee is still at large. If convicted, Burton could face decades in prison.