Prosecutors: Rogue Silk Road Agent Stole 1,600 BTC After 2015 Guilty Plea
New charges have been documented against a previous Secret Service specialist who beforehand pled liable to taking countless dollars worth of bitcoin amid the US government's Silk Road examination.
Shaun Bridges, as detailed by CoinDesk, was condemned to about six years in jail in late 2015 in the wake of conceding to tax evasion and wire misrepresentation charges. The case goes back the examination of the Silk Road, the now-old dim market that was the objective of a multi-organization crackdown. Its maker, Ross Ulbricht, was captured in 2013 and condemned to life in jail two years after the fact.
Extensions, alongside another operator engaged with the Silk Road examination, was later captured and charged after he supposedly denounced any and all authority amid that period. The advancement was a disputable one at the time, given that data about it was withheld amid Ulbricht's trial.
However after he concede and was condemned in 2015, Bridges was captured in February 2016 as he attempted to leave the US before starting his jail term. The US government uncovered in resulting court filings that it trusted Bridges stole extra Silk Road reserves utilizing private keys he got amid the examination.
As indicated by new court records documented yesterday, Bridges stole 1606.6488 BTC, a sum worth generally $6.5 million at current costs. At the season of the charged burglary – in late July 2015, soon after he had consented to confess – those property were worth around $470,000 given that bitcoin was exchanging at about $294.
Subsequent to taking control of the assets, prosecutors have asserted, Bridges stored them on BTC-e, the long-running bitcoin trade that was closed down recently following a crackdown by US specialists.
Court records list 19 diverse bitcoin exchanges, including one store of 605 BTC on bitcoin trade Bitfinex in November 2015.
In the event that sentenced, Bridges could get upwards of 10 years in jail, and additionally a $250,000 fine.
It will be interesting to see the ignorance of people as they think that Bitcoin's anonymous and lots of money has been stolen. Over the next few years I expect to see lots of cases like this where corrupt officials have taking money that wasn't theirs
This is in essence
In the end crime did not pay..in this case!
you are right