Bitcoin Promoter Accuses Australian Sam Lee of Elaborate Deception in US Court
A bizarre twist has emerged in the highly publicized HyperVerse Ponzi scheme case, as Bitcoin Rodney – a key promoter of the alleged $3 billion scam – has accused Australian businessman Sam Lee of orchestrating an "elaborate deception" that led to his detention.
Burton's legal counsel recently filed a motion in the US District Court for Maryland, arguing that their client acted in good faith when promoting HyperFund and HyperVerse. However, according to Burton, it was all a ruse orchestrated by Lee, who allegedly used fake corporate infrastructure to deceive investors and trap Bitcoin Rodney in his own scheme.
The accusation centers around a photograph of Burton standing with Lee and other unidentified individuals in what appears to be the Dubai corporate office of HyperFund. The lawyers claim that this image, taken in 2020, demonstrates how "apparently legitimate" Lee made the HyperFund project seem, while in reality, it was a carefully constructed facade designed to part investors from their hard-earned cash.
Burton's team argues that he conducted extensive due diligence before promoting the scheme, including meetings with Lee and visits to Hong Kong and Dubai. However, his lawyers claim that this elaborate deception was deliberately created by Lee and others to deceive investors, including Bitcoin Rodney himself.
The motion also points to companies registered in Australia that were allegedly used by Lee to convince investors of the legitimacy of the HyperFund project. It suggests that these entities were relied upon by Burton to "perpetrate fraud" against unsuspecting investors.
It's a complex web of deceit and counter-deceit, with both sides trading accusations of misrepresentation and manipulation. The US Securities and Exchange Commission has already brought civil charges against Lee, alleging he committed securities fraud and sold unregistered securities.
A separate case is pending in the US District Court for Maryland, where Bitcoin Rodney faces charges related to his alleged involvement in the HyperVerse scheme. With Burton's motion filed, it seems that the battle between truth and deception will continue, with no clear winner in sight.
It remains to be seen how this intricate case will unfold, but one thing is certain – the consequences of Lee's actions, if found guilty, could have far-reaching implications for investors worldwide who were duped by his schemes.
A bizarre twist has emerged in the highly publicized HyperVerse Ponzi scheme case, as Bitcoin Rodney – a key promoter of the alleged $3 billion scam – has accused Australian businessman Sam Lee of orchestrating an "elaborate deception" that led to his detention.
Burton's legal counsel recently filed a motion in the US District Court for Maryland, arguing that their client acted in good faith when promoting HyperFund and HyperVerse. However, according to Burton, it was all a ruse orchestrated by Lee, who allegedly used fake corporate infrastructure to deceive investors and trap Bitcoin Rodney in his own scheme.
The accusation centers around a photograph of Burton standing with Lee and other unidentified individuals in what appears to be the Dubai corporate office of HyperFund. The lawyers claim that this image, taken in 2020, demonstrates how "apparently legitimate" Lee made the HyperFund project seem, while in reality, it was a carefully constructed facade designed to part investors from their hard-earned cash.
Burton's team argues that he conducted extensive due diligence before promoting the scheme, including meetings with Lee and visits to Hong Kong and Dubai. However, his lawyers claim that this elaborate deception was deliberately created by Lee and others to deceive investors, including Bitcoin Rodney himself.
The motion also points to companies registered in Australia that were allegedly used by Lee to convince investors of the legitimacy of the HyperFund project. It suggests that these entities were relied upon by Burton to "perpetrate fraud" against unsuspecting investors.
It's a complex web of deceit and counter-deceit, with both sides trading accusations of misrepresentation and manipulation. The US Securities and Exchange Commission has already brought civil charges against Lee, alleging he committed securities fraud and sold unregistered securities.
A separate case is pending in the US District Court for Maryland, where Bitcoin Rodney faces charges related to his alleged involvement in the HyperVerse scheme. With Burton's motion filed, it seems that the battle between truth and deception will continue, with no clear winner in sight.
It remains to be seen how this intricate case will unfold, but one thing is certain – the consequences of Lee's actions, if found guilty, could have far-reaching implications for investors worldwide who were duped by his schemes.
. so there's this guy bitcoin rodney who promoted the scheme and now he's saying that aussie sam lee was behind it all... but then lee is also saying he didn't do anything wrong 
. meanwhile, lee has already got some problems in australia for allegedly committing securities fraud. it's like a never-ending game of whack-a-mole with both sides throwing accusations back and forth 
. one thing's for sure though - if lee gets found guilty, it could be bad news for all the people who lost money to his schemes 
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. We need to do our own research, make sure we're getting all the facts before making any decisions.
. This whole situation just stinks of a big ol' scam, and I'm not buying it 
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. We need to prioritize our mental health and wellbeing during times like these 
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This whole situation just got super messy - it's like a game of whack-a-mole where both sides keep throwing accusations at each other. But you gotta wonder, how did Bitcoin Rodney end up getting sucked into this HyperVerse scheme if he was doing his due diligence on the project? 
It sounds like Lee might be trying to deflect blame onto Burton, but it's not entirely clear what's going on.
And how did Bitcoin Rodney end up with the same photo from 2020 as him standing with Lee? That just seems too convenient.
This case is definitely going to be a wild ride, and I'm not sure how it'll end. One thing's for sure though - if Lee gets found guilty, it'll have serious repercussions for people who got scammed by his schemes.
like 2017 or so when everyone was talking about it being the future of money. Now it's like a Wild West out there with these guys playing their own version of "Trust no one" 
. Sam Lee is just another example of how easy it is to get caught up in something that seems too good (or bad) to be true.
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it just looks like a total setup to me! 
i'm intrigued to see how it all plays out... is burton just trying to save face or is there truth to the accusations? 
I mean, if it's true that Lee used fake corporate infrastructure to deceive investors and trap Bitcoin Rodney, that's some serious stuff 
The whole thing just feels like a big messy web of deceit 
Bitcoin promoters always turning on each other, it's like they're trying to take each other down so they can get off scot-free 
. I mean, Burton thinks he's doing good by exposing Sam Lee's fake corporate infrastructure but honestly it just looks like another scheme 
. I'm not saying either one of them is innocent, but at this point I don't trust anyone in this whole HyperVerse mess 
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. And now we got Burton accusing Lee of being behind it all? I don't know what to think anymore 
. What really gets me is that this guy Lee used Australian companies to convince investors of the legitimacy of HyperFund 
still, i guess that's what makes life interesting? maybe this whole thing will lead to some major reforms or something? 
let's keep an eye on how this plays out!