Bitcoin Rodney pleads guilty to role in $1.8B HyperFund crypto scheme

Rodney Burton, known as 'Bitcoin Rodney,' has pleaded guilty to conspiracy charges related to the $1.8 billion HyperFund crypto investment scheme, BeInCrypto reported. According to prosecutors, HyperFund sold memberships to investors with promises of daily returns between 0.5% and 1%. However, an investigation revealed that the crypto mining operation cited as the source of these returns did not exist. Burton faces a maximum of five years in prison, with his sentencing scheduled for July 23.