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

June 18, 2015  | 

One of two former U.S. agents charged with pocketing hundreds of thousands of dollars in digital money during the investigation of the illegal Silk Road Internet drug emporium reached a plea agreement with prosecutors, reports Bloomberg Business.

The former agent, who worked for the U.S. Secret Service as a computer forensics expert, was part of a Baltimore task force whose investigation led to murder-for-hire and drug charges there against Silk Road founder Ross Ulbricht, known online as Dread Pirate Roberts. He was separately convicted by a jury in New York and sentenced in May to life in prison for running a $214 million criminal enterprise that catered to hackers and drug traffickers.

The agent allegedly stole $820,000 in bitcoins that he got control of during the probe. He agreed to plead guilty to money laundering and obstruction of justice, according to a filing Wednesday in San Francisco federal court.

"His decision to plead guilty reflects his complete acceptance of responsibility and is another step towards rehabilitation," Steve Hale Levin, a lawyer for former agent, said in a phone interview.


Comments (1)

Displaying 1 - 1 of 1

kevCopAz @ 6/21/2015 9:44 PM

Glad he "confessed" and "took responsibility" but a thief, is still a thief and he deserves what comes to him. Folks like that hurt us all by crossing the line. He knows it and we all know it. But thanks for taking it like a man, but damn you for making all of us look that much worse to the public. We don't need that. especially now.

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