Sweet Justice: Silk Road Verdict Puts Ex-US Agent Behind Bars For Bitcoin Theft
The Bitcoin community will feel relieved; the corrupt former US Drug Enforcement Administration (DEA) officer Carl Mark Force has been sentenced to 78 months (6 years and 6 months) for his crimes. As per a Reuters report, Force has also apologized to the American public and to his family saying that he was sorry and that he lost it and also that he failed to understand a lot of it. But the judge Richard Seeborg described his betrayal as 'breathtaking' and handed him a prison term which is still 9 months shorter than what the government had demanded. As per a Bloomberg report the Judge....
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The former Secret Service agent convicted in the theft of Bitcoin from the Silk Road during their investigation is accused of stealing even more than previously thought. According to newly released documents, Shaun Bridges, one of two federal agents caught stealing during the Silk Road investigations, is accused by prosecutors of stealing an additional $700,000 worth of Bitcoin. Bridges is currently serving a 71-month prison sentence for the initial theft. Government knew Bridges had access to the seized Bitcoin. According to the recently released documents, the Department of Justice knew....
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....
Former Drug Enforcement Administration (DEA) agent Carl Mark Force IV, has admitted to stealing over $700,000 worth of bitcoin while running the Baltimore Silk Road investigation. Force, the lead undercover agent in communication with Ross Ulbricht - the mastermind behind the online drug marketplace now sentenced to life in prison - admitted using fake online personas to steal bitcoin from both the US government and investigated parties. He pleaded guilty to charges of extortion, money laundering and obstruction of justice. In connection to his plea, Force admitted he had offered to sell....
Two federal agents who took part in the US government's efforts to take down illicit online black market Silk Road have been charged with fraud for allegedly misusing funds denominated in bitcoin while on assignment. Perhaps most notably, the Department of Justice (DOJ) alleges special agent with the US Secret Service (USSS) Shaun Bridges "diverted" more than $800,000 in digital currency to his personal accounts without authorization during the investigation. Likewise, Drug Enforcement Administration (DEA) agent Carl Mark Force IV is purported to have "solicited and received" digital....
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....