Former Secret Service Agent Guilty of Bitcoin Theft
Shaun W. Bridges, a computer crime expert who was part of the Secret Service task force that conducted investigations on Silk Road founder Ross Ulbricht, pled guilty to charges of bitcoin theft. According to federal court documents, he skimmed hundreds of thousands of dollars in bitcoin and routed the money to his own accounts. As it turns out, upon the shutdown of Silk Road back in 2013, Bridges went into hiding. Meanwhile, Ulbricht was later on sentenced to life imprisonment for narcotics trafficking, computer hacking, running a criminal enterprise and money laundering. Silk Road's....
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Shaun Bridges, the former Secret Service agent who pleaded guilty to stealing more than $800,000 in bitcoin while investigating Silk Road, is suspected in two other theft cases, according to a recently unsealed affidavit, Reuters reported. Bridges is believed to have stolen $700,000 of bitcoin from a Secret Service account three months after the agency was urged to remove his access to the account. The Secret Service did not move the funds, and later learned the funds were stolen. The theft was discovered after a court ordered the agency to pay claimants for their losses. The former Secret....
The US government believes that a former Secret Service agent convicted of stealing hundreds of thousands of dollars in bitcoin during the investigation of Silk Road may have been involved with additional thefts from the now-defunct online dark market. Ex-Secret Service agent Shaun Bridges was sentenced to nearly six years in federal prison after pleading guilty last year to money laundering and obstruction charges tied to the theft of more than $800,000 in bitcoin from the Silk Road during the US government’s investigation. Bridges was re-arrested in late January on suspicion that he was....
The ex-Secret Service agent convicted of stealing bitcoin during Silk Road investigation may haves stolen another $700,000 in bitcoin from the Secret Service. 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....
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.....
Following the conclusion of the trial of Ross Ulbricht, the government revealed what the Ulbricht's defense had already known (but was barred from discussing during the trial), that two of the US government agents who gathered much of the evidence that convicted Ulbricht, the Secret Service's Shaun Bridges and the DEA's Carl Mark Force IV, were being indicted for stealing a great deal of Ulbricht's horde of bitcoins. Prior to the jury verdict, such information could easily have contributed to a doubtful jury or even a bias toward jury nullification amongst jurors. Of course, this....