Former Secret Service Agent Bridges Suspected In Additional Bitcoin Thefts
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....
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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....
We have collected four typical scams to remind you that Bitcoin is just cash, and you should take care to use it as real money: Carefully. Most frauds and scams don’t happen because of the technology involved but rather due to the underlying greed and callousness on the part of the users. Secret Service accounts theft. There is something about Bitcoin that attracts all kinds of scam artists and frauds. It even has the potential to turn secret service agents into thieves. In December 2015 ex-Secret Service agent Shaun Bridges was sentenced to nearly six years in prison after pleading guilty....
New documents unsealed in the ongoing case between the US government and a former Secret Service agent convicted of stealing bitcoins during the Silk Road investigation allege that additional thefts may have taken place. Shaun Bridges was one of two former US federal agents accused of going rogue during the investigation of the Silk Road, the now-defunct dark market. At the time, the US government alleged that Bridges stole as much as $800,000 in bitcoin seized from the Silk Road. Bridges plead guilty last summer to money laundering and wire fraud charges, and was sentenced to roughly six....
Shaun Bridges, the secret agent charged with extorting bitcoins during the Silk Road investigation, is also suspected with targeting Bitcoin Shop “for personal gain.” Charles Allen, the CEO of Bitcoin Shop, said to Bloomberg Bridges showed up at the door of the company’s COO around mid to late February early in the morning accompanied by two other officers. Bridges asked questions regarding US$225,000 worth of Spondoolies S35’s bitcoin mining hardware, belonging to the company that were being held at customs at the time. Apparently this had triggered some inquiry, which according to Allen....
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....