Quantcast
Connect with us

Ex-Secret Service suspected of stealing $700,000 worth of Bitcoin

Published

on

A Secret Service agent who stole money seized by the government in the investigation of underground drug bazaar Silk Road is now suspected of stealing money in at least two other cases, according to court filings unsealed on Thursday.

In the larger of those cases, he is thought to have been behind the theft of about $700,000 worth of Bitcoin from a Secret Service account three months after the agency was urged to block his access, the documents say.

ADVERTISEMENT

Former agent Shaun Bridges pleaded guilty last year and was sentenced in December to nearly six years in prison for stealing more than $800,000 of the crypto currency Bitcoin during the Silk Road investigation.

According to an affidavit unsealed Thursday, the Justice Department learned in April 2015 that Bridges might have kept a private cryptographic key giving him access to a Bitcoin wallet with the $700,000 in currency that the Silk Road task force had seized in 2014. The department urged the agency to move the funds elsewhere.

“Unfortunately, the U.S. Secret Service did not do so and the funds were thereafter stolen, something the U.S, Secret Service only discovered once it was ordered by a court to pay a portion of the seizure back to affected claimants,” a team of prosecutors wrote in an accompanying motion. The Bitcoin in question was moved in July 2015 but only discovered missing in December, the affidavit said.

The Secret Service and Bridges’ attorney Steven Levin declined to comment.

In the previous case, Bridges admitted he stole money from Silk Road accounts and framed someone else for it, leading Silk Road chief Ross Ulbricht to plan a murder. Ulbricht is now serving a life sentence.

ADVERTISEMENT

(Reporting by Joseph Menn; Editing by Cynthia Osterman)


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Matt Gaetz forgot which network he was on: Surprised CNN anchor said ‘I’ve never been called Sean Hannity’

Published

on

Rep. Matt Gaetz seemed to confuse cable news networks during a Thursday appearance

Gaetz was interviewed by CNN's Chris Cuomo, who aggressively challenged Gaetz on the facts as the Florida Republican attempted to defend President Donald Trump.

Despite the fact Cuomo's interview was nothing like the puff segments Gaetz is used to on Fox, the congressman seemed confused by the end.

"Congressman, you are always welcome, wherever I am, at nine or eleven, whenever," Cuomo said.

"Thanks Sean," Gaetz replied.

"Did you just call me Sean?" Cuomo asked. "Did you just call me Sean?"

Continue Reading

Breaking Banner

California lawmaker who chaired Republican Assembly caucus leaving GOP — to become an independent: report

Published

on

On Thursday, the Sacramento Bee reported that California Assemblyman Chad Mayes, the former Assembly Minority Leader, is leaving the Republican Party and registering as No Party Preference.

"Instead of focusing on solutions for the big problems that we've got, we focused on winning elections," said Mayes in his announcement. "For me, I'm at the point in my life where I'm done with gamesmanship."

Mayes, a controversial figure who was implicated in an affair with a fellow public official, represents Yucca Valley. He is the second Republican Assemblyman this year to leave the party, after Brian Maienschein of San Diego, who Maienschein of San Diego.

Continue Reading
 

Breaking Banner

‘Quantum physics generator’ incident in Ohio results in evacuation — hazmat found no radiation

Published

on

Authorities in Columbus, Ohio evacuated dozens of homes after a man called 911 to report being burned by a

"Firefighters say nothing threatening was found in a northwest Columbus garage," WCMH-TV reported. "According to firefighters, a man called and reported that he received ‘RF burns’ while building some sort of ‘quantum physics generator’ in a garage. The man used words like ‘particle accelerator,’ ‘alpha rays,’ and ‘radiation’ while describing how he was burned."

Continue Reading