Ex-U.S. Agent Charged With Bitcoin Theft to Plead Guilty


In March of 2015, two federal agents who helped conduct one of the major investigations in the Silk Road case allegedly stole thousands in bitcoin confiscated from the online dark marketplace. The two agents, Shaun Bridges and Carl Force from the Drug Enforcement Administration and the U.S. Secret Service, were charged with several offenses including wire fraud and money laundering.

This week, Bridges, a special agent for the U.S. Secret Service for the Silk Road case, has come to an agreement with the prosecutors and pleaded guilty for the theft of confiscated bitcoin from Silk Road.

Bridges took part in a Baltimore task force as a computer forensics expert where he contributed to an investigation which acquired enough evidence to accuse Ross Ulbricht, the founder of Silk Road for allegedly hiring assassins to murder six individuals that threatened the marketplace.

During the operation, Bridges stole thousands in bitcoin by obtaining the passwords to Silk Road from the marketplace’s customer support representative and moved the bitcoin to his own personal account. Specifically, the prosecutors claimed that the stolen bitcoin were transferred into Japanese bitcoin exchange Mt Gox, to convert the bitcoin into U.S. dollars and then move

Read more ... source: TheBitcoinNews