U.S. Agent Gets Six Years Prison for Silk Road Bitcoin Theft

[Jesus Malverde]

Source: Bloomberg


A government agent who stole $820,000 in bitcoins while investigating an online drug emporium was sentenced Monday to almost six years in prison after a prosecutor said his deceit amounts to a “breathtaking abuse of trust.”

Shaun Bridges, who worked for the Secret Service, hijacked the account of an administrator for the Silk Road black market website to syphon off bitcoins. The U.S. said Bridges deserved a harsh sentence because the administrator was working as a government informant and was put in danger when Silk Road’s founder assumed he was the thief and tried to have him killed.


Read more: http://www.bloomberg.com/news/articles/2015-12-07/u-s-agent-gets-six-years-prison-for-silk-road-bitcoin-theft

[Tortmaster]

1. Bitcoins are good for ...

... Ron Paul t-shirts and....

[nitpicker]

2. link to the DOJ press release

http://www.justice.gov/opa/pr/former-secret-service-agent-sentenced-71-months-scheme-related-silk-road-investigation

[blackspade]

3. So steal 'money' and it is a "breathtaking abuse of trust"

But gunning people down in the street is not?
What the DOJ goes after as priorities is stunning.

[Javaman]

4. The Rise and Fall of Silk Road...

http://www.wired.com/2015/04/silk-road-1/

This is a two part series. Both are not posted a the link.

It's an excellent read and a fascinating look at the start, running and eventual fall of silk road and it's bizarre owner.

[Tortmaster]

5. This was a great read. Thanks for posting it!