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ExtraTorrent.cc > Articles > Former Agent Who Stole $800,000 in Bitcoin Was Arrested, Again

Former Agent Who Stole $800,000 in Bitcoin Was Arrested, Again

Former Agent Who Stole $800,000 in Bitcoin Was Arrested, Again

Added: Saturday, February 6th, 2016
Category: Recent Headlines Involving File Sharing > Ridiculous Criminal Trials
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, www.extratorrent.cc, 2016
Shaun Bridges is a former secret service agent involved in the investigation into infamous Silk Road website. He was then prosecuted for stealing $800,000 in Bitcoin from the illegal marketplace. Now he has been arrested at his home just a day before he had to begin his prison sentence.

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It became known that the arrest warrant was issued under seal and executed almost immediately. During the arrest, officers found Bridges’ passport and its notarized copy, as well as corporate records for 3 offshore entities in different countries. Bridges also had a few secret service-issued bulletproof vests that apparently had been stolen from the government.

During the Silk Road case, Shaun Bridges was involved in the investigation into “Dread Pirate Roberts”, the mysterious figure behind Silk Road, who turned out to be Ross Ulbricht (arrested in 2013 and found guilty and sentenced to life in prison in 2015). Bridges, together with another agent, used the knowledge gleaned during the investigation to extort hundreds of thousands of dollars in Bitcoin from the site operator. Moreover, the agents also siphoned Bitcoin received from the government for use in the investigation into personal accounts. They even set up Bitcoin investment funds. In the meantime, Ross Ulbricht believed the cryptocurrency had been stolen by a Silk Road employee, Curtis Green, who was actually a state’s witness.

Bridges’ colleague is now serving his 6.5-year sentence, while Shaun Bridges is in custody and considered a flight risk, according to the government’s motion detailing his arrest. However, no additional information was received from the Department of Justice about this case.


Posted by: 
SaM

Date:  Saturday, February 6th, 2016



Comments (2) (please add your comment »)

1
posted by men (2016-02-07 03:22:53)
STEVENS8134033002 avatarBeware crooked as cops are among us all. We are all human an oath and badge does not make anyone an angel over night. I hope he gets a life sentence. Free Ross Ulbricht!

2
posted by (2016-02-17 14:35:28)
Biggest_Baddest_Wolf avatarAt the very least this would place conciderable doubt on how Ulbricht's been caught.
After all... if the investigators were stealing, they had stuff to hide, stuff to falsely pin on others... so how much crap has been pinned on Ulbricht?
We'll never know because the government had a hard on for Ulbricht and the only people who know how much they really may have lied to get him convicted are the ones that stole from Silk Road, and from the government, and from the tax payers... so both government and crooked agents have a vested interest in any truth not getting out because it would likely damage them.
Just like the bogus claim that bitcoin is only used for drug trades... lol... oh, yeah, that pizza of thee euro's worth in bitcoins that I paid for in bitcoins contained a few kilo's of meth, maybe that's why it tasted so awesome despite that it was just a greasy over-baked slab of great tasting grease and dough?
Hah...



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