Published on September 1st, 2015 | by bitcoin0
$820,000 Bitcoin Theft: Former U.S. Secret Service Agent Confesses During Silk Road Investigation
Shaun Bridges, a former Secret Service agent pleaded guilty on Monday to diverting to his personal account $820,000 worth of bitcoins during an investigation into online drug marketplace Silk Road.
33-year-old agent appeared in federal court in San Francisco and admitted to money laundering and obstruction of justice.
The admission comes just two months after another former federal agent, Carl Force, also pleaded guilty to charges of stealing bitcoin during the Silk Road investigation.
“There is a bright line between enforcing the law and breaking it,” said assistant Attorney General Caldwell in a press release.
In court on Monday, Bridges admitted his theft made Ulbricht believe that another individual was stealing from Silk Road and helped lead Ulbricht to try to hire someone to kill that person.