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

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....


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Second U. S. Agent To Plead Guilty to Bitcoin Theft

The second of two former U. S. government agents charged with stealing hundreds of thousands of dollars in bitcoin has reached a plea agreement with the prosecutors. Carl Force, a former U. S. Drug Enforcement Administration (DEA) agent, was charged with stealing bitcoins during the investigation of the illegal Silk Road Internet drug emporium, according to Bloomberg. The investigation led to the conviction of Ross Ulbricht, the site's founder. Force agreed to plead guilty to money laundering and extortion, according to a court filing Monday. Force Extorted Payments from Ulbricht. Without....

Carl Force to Plead Guilty to Bitcoin Theft

Carl Mark Force IV, former United States Drug Enforcement Administration agent, has agreed to plead guilty to the crimes charged against him. These crimes include stealing Bitcoin, money laundering, and extortion. Force became infamous in the Bitcoin community when it was revealed that he had stolen over $400,000 USD in Bitcoin during the Silk road investigation, funneling the money into his personal bank accounts. Without the knowledge nor the permission of his superiors, Force took on the alias “French Maid” and contacted Ross Ulbricht, the operator of Silk Road. According to a San....

Secret Service Agent to Plead Guilty for Silk Road Violations

US Secret Service special agent Shaun Bridges will plead guilty to charges of money laundering and wire fraud stemming from the government investigation into the illicit online black market Silk Road. Details first emerged of Bridges' alleged improper actions in March, when court documents revealed that Bridges had diverted $800,000 in digital currency to his personal bank accounts without authorization. Bridges was charged alongside Carl Mark Force IV, a Drug Enforcement Administration (DEA) agent also working on the case. Notice of the agreement was filed in the US District Court....

Former US Federal Agent Pleads Guilty to $800,000 Bitcoin Theft

Ross Ulbricht, founder of the infamous Silk Road drug market, will be remembered as one of bitcoin’s most relevant contributors, a man that grew bitcoin’s relevance to extraordinary levels, and became instantly popular following his arrest. Silk Road was a dark net market that ran on the TOR Network. At its peak, Silk Road accounted for 70% of all dark net drug sales. People wondered whether Ulbricht’s arrest was justified; consequently, his prison sentence became controversial as well. In the midst of the controversy it was later discovered that federal agents infiltrated the....

Second US Agent to Plead Guilty to Bitcoin Crimes

Former U. S. Drug Enforcement Administration Agent Carl Force has accepted his crimes including money laundering and extortion of Bitcoin and will plead guilty to the charges, Bloomberg Business reported today. Carl Force and Shaun Bridges are the two former U. S. agents convicted of wire fraud, money laundering and stealing Bitcoin during the federal investigations of the Silk Road. Carl's acceptance of pocketing thousands of dollars worth of Bitcoin during the investigations comes just days after Shaun W. Bridges pleaded guilty. Investigations conducted by the two tainted officers led to....