A former FBI agent stole $2.47 million in crypto using classified investigative records, compromising federal investigations into criminal organizations and foreign adversaries.
The US Department of Justice disclosed on Nov. 5 that Patrick Steven Yaroch, 37, pleaded guilty to wire fraud and money laundering after exploiting his access to crypto wallet credentials collected during FBI investigations.
His scheme involved about 100 unauthorized transfers using credentials tied to 35 separate FBI investigations, including wallets belonging to suspected criminals, adversarial nation-state actors, and at least one wallet the bureau created for an operation.
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Source: Crypto Slate News
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