The Silk Road Saga Continues, Shaun Bridges May Have Stolen More Bitcoins!
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....
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Shaun Bridges, a former Secret Service agent who stole more than $800,000 worth of bitcoins during the investigation into darknet marketplace Silk Road, has been sentenced to 71 months in prison. In June, Bridges pleaded guilty to siphoning off the bitcoins from Silk Road before moving them an account on Mt. Gox. At the sentencing in San Francisco, U. S. District Judge Richard Seeborg called the theft "an extremely serious crime consisting of the betrayal of public trust from a public official" and concluded that "a high-end sentence" was warranted, according to Ars Technica. Prosecutors....
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....
New evidence has come out against former task-force agent Shaun Bridges from the District Court of Maryland. After the former agent’s motion to unseal evidence regarding his case was denied by the courts, the latest documents reveal that Bridges had co-conspirators in his Silk Road exploits and had also taken part in other crimes. Additionally, a Macbook....
Federal prosecutors say details about the second arrest of Shaun Bridges, a former U.S. Secret Service agent charged with stealing in the Silk Road investigation, must remain sealed, in part, because they believe there are one or more co-conspirators, according to a filing in the U.S. District Court for the District of Maryland. Authorities charged Bridges and former DEA agent Carl Force with stealing from Silk Road during the investigation following the trial and conviction of Ross Ulbricht, the mastermind of the online drug marketplace who went by the name, “Dread Pirate Roberts.”....
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....