A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015.
A ex- undercover federal agent pleaded guilty to extortion and related charges after acknowledging he channeled more than $700,000 in digital currency from the Silk Road online drug bazaar he was investigating. In a San Francisco national legal procedure, Force gave the look in eating an orange leap fit and hard chains and accepted a litany of lawbreaker operates.
Among them, Force said he agreed to a contract with Twenty-First Century Fox Inc (FOXA.O) past year to help make a movie about the Silk Road investigation, without the permission of his supervisors.
Prosecutors also reached a plea agreement with Shaun Bridges, a ex- Secret Service agent who was charged along with Force in March with stealing bitcoins, the web-based digital currency, during the investigation. Force paid the US Attorney’s Office $158,865 Tuesday in restitution, prosecutors said.
Representatives for TwentyovervallenFirst Century Fox could not straightaway be created for make an observation.
Over the course of a 16-page plea deal, Force admits to a long list of corrupt actions during his time investigating the Silk Road.
Federal prosecutors have said that Silk Road, which first surfaced in 2010, was a hidden online marketplace that served as a host for millions of dollars’ worth of drug deals, giving dealers access to customers they wouldn’t have been able to reach on the street. Force played a prominent role, communicating with Ulbricht while posing as a drug dealer named “Nob”, prosecutors said.
Months after convicting Ross Ulbricht for facilitating the sale of illegal items via the darkweb site Silk Road, the federal government arrested two of its own agents
Originally appeared at: http://rapidnewsnetwork.com/former-federal-agent-pleads-guilty-to-stealing-bitcoins/59472/