By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SinfrasSinfras
Aa
  • Home
  • Diet
  • Gadgets
  • Sports
  • Education
  • Social Media
  • Clothing
  • News
  • Contact Us!
  • Privacy Policy
Reading: Former US Secret Service Agent Suspected in Additional Bitcoin Thefts
Share
Aa
SinfrasSinfras
Search
  • Home
  • Diet
  • Gadgets
  • Sports
  • Education
  • Social Media
  • Clothing
  • News
  • Contact Us!
  • Privacy Policy
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Sinfras > Gadgets > Former US Secret Service Agent Suspected in Additional Bitcoin Thefts
Gadgets

Former US Secret Service Agent Suspected in Additional Bitcoin Thefts

Sharmistha Dey
Last updated: 2016/07/01 at 3:10 PM
By Sharmistha Dey 2 Min Read
Share

Former US Secret Service Agent Suspected in Additional Bitcoin Thefts

A Secret Service agent who stole money seized by the government in the investigation of underground drug bazaar Silk Road is now suspected of stealing money in at least two other cases, according to court filings unsealed on Thursday.

In the larger of those cases, he is thought to have been behind the theft of about $700,000 (roughly Rs. 4.7 crores) worth of Bitcoin from a Secret Service account three months after the agency was urged to block his access, the documents say.

Former agent Shaun Bridges pleaded guilty last year and was sentenced in December to nearly six years in prison for stealing more than $800,000 (roughly Rs. 5.4 crores) of the crypto currency Bitcoin during the Silk Road investigation.

According to an affidavit unsealed Thursday, the Justice Department learned in April 2015 that Bridges might have kept a private cryptographic key giving him access to a Bitcoin wallet with the $700,000 in currency that the Silk Road task force had seized in 2014. The department urged the agency to move the funds elsewhere.

“Unfortunately, the US Secret Service did not do so and the funds were thereafter stolen, something the US, Secret Service only discovered once it was ordered by a court to pay a portion of the seizure back to affected claimants,” a team of prosecutors wrote in an accompanying motion. The Bitcoin in question was moved in July 2015 but only discovered missing in December, the affidavit said.

The Secret Service and Bridges’ attorney Steven Levin declined to comment.

In the previous case, Bridges admitted he stole money from Silk Road accounts and framed someone else for it, leading Silk Road chief Ross Ulbricht to plan a murder. Ulbricht is now serving a life sentence.

 

[Source  NDTV]

Share this:

  • Tweet
  • Share on Tumblr
  • WhatsApp
TAGGED: Additional, Agent, Bitcoin, Former, in, Secret, service, Suspected, Thefts, US
Sharmistha Dey July 1, 2016
Previous Article Brazil Court Blocks Facebook Funds Over WhatsApp Dispute: Report
Next Article Apple Sued Over Obscure Film by China’s Media Regulator: Court

Latest News

Efficient Mail Services and Friendly Staff: Discover the George Dieter Post Office
Diet
Robert Downey Jr’s Plant-Powered Transformation: Unveiling the Secrets of His Vegan Diet
Diet
The Perfect Pair: Unveiling the Benefits of Mediterranean Diet Coffee for a Healthy Lifestyle
Diet
Transform Your Body: 12-Week Low GI Diet Weight Loss Plan – PDF Guide Included
Diet

Most Viewed Posts

  • Online education must supplement, not replace, physical sites of learning
  • Choosing Nursing as a Second Career
  • Pegasus plus dietary supplement
  • Think about what your target audience would find helpful & engaging. Keep a list of your favorite sources so it’s quick & easy to find links when you do status updates.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?