Former DEA, Secret Service Agents Charged With Bitcoin Fraud
Two former agents of the Drug Enforcement Administration and the Secret Service were charged with wire fraud and money laundering bitcoin during the investigation of Silk Road, a secret website that law enforcement seized in 2013 (see 1411060029), said a…
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Justice Department news release Monday. The complaint against the pair was filed in the U.S. District Court for Northern California and alleges that one of the agents transferred more than $800,000 worth of bitcoin into his personal account. The other agent “allegedly sold information about the government’s investigation to the target of the investigation,” said DOJ. A jury in the U.S. District Court in New York last month convicted Silk Road founder Ross Ulbricht on a range of charges, including money laundering and operating a continuing criminal enterprise, media have reported.