What happened with the Bitcoin Rodney federal case?

Rodney Burton faced an 11-count indictment. 10 of 11 counts were dismissed on the motion of the United States. He pled guilty to one count of conspiracy to operate an unlicensed money transmitting business — a licensing charge, not fraud. He was released July 24, 2026.

The Real Story

Search "Bitcoin Rodney"
and You See Their Version.

Q: Was Bitcoin Rodney convicted of fraud?

No. Rodney Burton was not convicted of fraud. The one count he pled to was conspiracy to operate an unlicensed money transmitting business under 18 U.S.C. 371 — a licensing charge. All fraud-related counts were dismissed.

Q: When was Rodney Burton released?

Rodney Burton was released on July 24, 2026, with credit for time served from January 3, 2024 (933 days). The judgment (Dkt 116) was signed July 23, 2026.

This page and the documents behind it are the rest of the record. The government's own filings tell a different story. Read them.

10 of 11 counts gone. The one count was a licensing charge, not fraud.

The Verified Record

What the Documents Actually Say.

Not the headline. Not the press release. The filings.

Count 01

The Original Indictment

11 counts filed. Charged as an alleged promoter of a large cryptocurrency scheme. The government came in heavy.

Count 02

What He Pled To

June 2026: one count of conspiracy to operate an unlicensed money transmitting business (18 U.S.C. 371). A licensing charge. Not fraud. Not theft. Not conspiracy to defraud.

Count 03

What Was Dismissed

The superseding indictment and count 2 of the original indictment were dismissed on the motion of the United States. Judgment Dkt 116, signed July 23, 2026.

Count 04

The Sentence and Release

32 months with credit for time served from January 3, 2024 (933 days). 3 years supervised release. Released July 24, 2026. Home. Building.

The Receipts

They Said the Yacht Was Seized.

Here is the paperwork.

The Yacht

The yacht they said was seized? Bought October 18, 2021 for $2,550,000 and sold. Never seized. The documents room carries the paperwork. Go look for yourself.

Read It All