FBI Agent Patrick Yaroch Confesses to $1 Million Crypto Theft From Investigative Targets
Updated
Updated · Bloomberg · Aug 3
FBI Agent Patrick Yaroch Confesses to $1 Million Crypto Theft From Investigative Targets
3 articles · Updated · Bloomberg · Aug 3
Summary
$1 million in cryptocurrency was allegedly stolen by FBI agent Patrick Steven Yaroch from foreigners the bureau was investigating, according to a Virginia court affidavit.
Yaroch contacted the Justice Department last week and confessed to making “very poor decisions related to cryptocurrency wallets,” the filing said.
Earlier reports said the stolen amount totaled $925,426.07, moved in roughly a dozen transfers from adversarial accounts using information found in FBI systems.
The case has already led to Yaroch’s firing, arrest and criminal charges, widening scrutiny of how the FBI controls access to seized or monitored crypto wallets.