Shaun Bridges of the Drug Enforcement Administration and Carl Force of the U.S. Secret Service have been accused of wire fraud, money laundering, and other crimes, relating mostly to the Silk Road case.
Now, Bridges has reached to a plea deal with prosecutors.
Bridges was part of a Baltimore task force that investigated Ross Ulbricht and Silk Road.
According to a filing in San Francisco, Bridges admitted both to stealing the bitcoins, and also money laundering and the obstruction of justice.
Bridges was able to secure passwords for Silk Road users, apparently through the website’s customer service representative, and then used the passwords to access users accounts. Once the accounts were accessed, Bridges transferred the bitcoins to himself and then used Mt. Gox to convert the coins into dollars, before finally moving the money into a bank account under a company he owned.
It is believed that Bridges stole $820,000 dollars worth of bitcoins, though the exact value and number of coins is hard to determine due to fluctuating prices.
Bridges was the computer forensic expert of the Baltimore task force, where the other accused agent, Carl Force, also worked.
(via 99bitcoins)
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