Former Secret Service agent admits $820K Silk Road theft
A former Secret Service agent admitted Monday to stealing US$820,000 worth of bitcoins from Silk Road vendors during the investigation of the online contraband market.
Shaun W. Bridges, 32, of Laurel, Maryland, pleaded guilty in the U.S. District Court for the Northern District of California to money laundering and obstruction of justice. He is scheduled for sentencing on Dec. 7, according to prosecutors.
Bridges was one of two federal investigators charged with crimes committed during the probe of the Silk Road, which was shut down in October 2013.