Federal Agents Busted for Bitcoin Theft

BAD SEEDS

Updated Apr. 14, 2017 12:02PM EDT / Published Mar. 30, 2015 1:36PM EDT

Mark Blinch/Reuters

Two federal agents were charged Monday with laundering bitcoins while building the government’s case against black-market website Silk Road. Carl Mark Force IV of the DEA allegedly asked Silk Road administrator Ross Ulbricht to pay him $250,000 in the anonymous cryptocurrency to not disclose information to the government. Shaun Bridges of the Secret Service is accused of stealing more than $800,000 of bitcoins that he controlled during the investigation. (Silk Road reported a massive bitcoin theft around that time). The feds shut down Silk Road and arrested Ulbricht in 2013. Ulbricht was convicted of drug running in 2015.

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Federal Agents Busted for Bitcoin Theft

Mark Blinch/Reuters