Rodney Burton, a Miami man known online as “Bitcoin Rodney,” has pleaded guilty to a conspiracy charge connected to the HyperFund cryptocurrency fraud scheme, according to the US Department of Justice.

TL;DR

• The DOJ says Rodney Burton pleaded guilty to conspiracy connected to HyperFund.
• Authorities have described HyperFund as a $1.8 billion cryptocurrency fraud scheme.
• The case is a strong enforcement story because it comes from a direct DOJ source, not a secondary report.

The DOJ said Burton pleaded guilty to conspiracy to operate an unlicensed money transmitting business in connection with HyperFund. The case is part of a broader enforcement effort around crypto investment programs that promised high returns while allegedly operating…