Former Secret Service Agent Pleads Guilty in Bitcoin Theft

A former Secret Service agent pleaded guilty on Monday to diverting to his personal account over $800,000 worth of bitcoins during an investigation into online drug marketplace Silk Road. 33-year-old Shaun Bridges appeared in federal court in San Francisco and admitted to money laundering and obstruction of justice. Bridges belonged to a Baltimore-based federal task force that investigated Silk Road. Another member of that unit, former U.S. Drug Enforcement Administration agent Carl Force, has admitted to charges of extortion, money laundering and obstruction of justice. Sentencing for Bridges was scheduled for December.

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