It has been over a year since the news about the involvement of two law enforcement agents from the US Drug Enforcement Agency (DEA) and US Secret Service in the theft of bitcoin belonging to Silk Road hit the stands. Shaun Bridges, the convicted ex-Secret Service agent is again in the news for allegedly stealing $700,000 worth of bitcoin after he pled guilty the first time.
Shaun Bridges is currently serving a six-year sentence after he pled guilty to charges of money laundering and wire transfer fraud. He was convicted of stealing bitcoins worth about $800,000 during the course of an investigation into Silk Road, the now defunct deep web marketplace operated by Ross Ulbricht. Now, it has emerged that he might have stolen additional $700,000 worth of bitcoin from the confiscated digital currency stash belonging to Silk Road.
The new developments came to light after an affidavit was unsealed last week. According to the affidavit, the Department of Justice suspected that Shaun Bridges had access to the private key of the wallet containing bitcoins seized from Silk Road which was in possession of the Secret Service. As a precaution, the Secret Service was instructed to move the digital currency to a