Topic: [2017-08-16] FBI Agent Admits to Stealing Silk Road Bitcoins Seized by U.S. Mars (Read 4040 times)

I think that it would be very cruel. It is enough just to deprive them of their ranks and posts and to impose a fine.
Such people should not be in government bodies.

1609 bitcoins is not worth 6 billion lol

These guys are really a disgrace. Now the entire chapter, involving the closure of Silk Road and the arrest of Ross Ullbricht looks suspicious. These guys deserve to be put behind bars for the rest of their lives.

This sad story is telling us that the government should be ashamed enough of what they did and should make sure that the same story should never happen again. But then we have to understand that sometimes the leadership of the FBI is rally falling apart. It is as if some of their agents are only working for themselves so they act according to their own selfish and personal interests.

It is really about time for United States of America and their governments as well as their agents to start reexamining themselves and determine if what they are doing is really good for the country or just putting more shame to the people. Acting like a global police even without the required authority to do so is not anymore acceptable...especially at this modern cryptocurrency world we are in. NOT ANYMORE!

But don't get me wrong...I still love America because compared to other rogue countries there are still so many positive things happening in this country but it is not perfect and we have to issue criticism otherwise it will start to act like a spoiled kid on the block.

FBI Agent Admits to Stealing Silk Road Bitcoins Seized by U.S. Marshals

Back in 2015 two rogue U.S. Secret Service agents, Shaun Bridges and Carl Mark Force, were caught and sentenced to prison for stealing funds while investigating the first high profile darknet market the Silk Road. Now according to reports, Shaun Bridges plead guilty on August 15 for moving 1,600 bitcoins of seized bitcoins confiscated by federal authorities.

Former U.S. Secret Service Agent Shaun Bridges Admits to Stealing 1600 Bitcoins Seized by the Federal Authorities

The tale of the underground Silk Road marketplace seems to never end, as U.S. prosecutors have recently charged former special agent Shaun Bridges with money laundering crimes. According to court documents uploaded to Pacer, Bridges moved 1606.6488 BTC worth US$6.6B at press time out of a federal account held on Bitstamp. At the time the stolen coins were only worth about a half of a million, and according to documents some of the funds moved to the two exchanges BTC-e and Bitfinex.

According to Arstechnica, Bridges was willing to answer questions and agreed to a plea bargain. William Frentzen, the Assistant United States Attorney, details to the publication that the stolen funds were dispersed between BTC-e, a hardware wallet, and the Bitfinex exchange.

“We would also prove that Mr. Bridges, following the government’s discovery that the bitcoin were missing and that they had in fact been moved, the government was able to obtain the bitcoin at Bitfinex,” explained the court’s prosecutor. “And we then met with Mr. Bridges, and through the course of that time we returned the bitcoin.”  


Plea Bargains and ‘Keys to the Kingdom’

After the prosecution read their statements, Judge Seeborg asked Bridges if everything that was said to him was true. The former federal agent replied by stating the facts were accurate while also admitting he processed the bitcoin transactions shown to him in court. It’s unclear right now what kind of plea bargain Bridges made with the prosecution, but he could face ten years in prison and a $250,000 fine.

According to Ross Ulbricht’s family, Bridges and Carl Mark Force tainted the entire Silk Road investigation and Ulbricht’s hearing as well. Much of the information about the two rogue officers were kept hidden from courts even though the Ulbricht family said the two agents had “keys to the Silk Road Kingdom.”

Ulbricht’s defense said Force and Bridges had access to Silk Road administrator passwords, they could commandeer accounts, including DPR’s (and act as DPR), access private bitcoin keys, bank accounts and more. So far, Bridges has admitted to stealing millions of dollars worth of seized bitcoins, stolen before the two officers were taken into custody. Now Bridges will face more prison time when Judge Seeborg sentences the former agent in the next few months.


Source >>> https://news.bitcoin.com/rogue-silk-road-agent-admits-to-stealing-bitcoins-seized-by-u-s-marshals/