Good morning. We lead today with the arrest of a promoter of the HyperVerse cryptocurrency investment scheme. Rodney Burton – AKA “Bitcoin Rodney” – is in custody in the US, accused of being part of a network that allegedly made “fraudulent presentations” to investors over bitcoin mining which investigators believe did not exist. It follows a Guardian Australia investigation last month that detailed the HyperVerse scheme’s links to the failed Australian company Blockchain Global that left creditors millions out of pocket.
Meanwhile, housing advocates are calling for urgent reforms as new data reveals another sharp rise in capital city rents last year, with further rises expected this year.
