Silk Road Returns: Agent Also Sentenced for Stealing Bitcoin

A former Secret Service agent convicted of corruption over the Silk Road black market gets another two years for stealing bitcoin.

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The tale of Silk Road — the now-defunct online black market for illegal items — is back for a quick epilogue.

On Tuesday, a federal judge in San Francisco sentenced a former U.S. Secret Service agent —sentenced in 2015 to six years for corruption while investigating Silk Road — for another crime, Bay City News reports. 

Shaun Bridges, a 35-year-old from Maryland, was sentenced to an additional two years for one count of money laundering by U.S. District Judge Richard Seeborg. He stole 1,606 bitcoin from government custody in 2015.

Seeborg also ordered the forfeiture of about 1,500 bitcoin and other money that is today valued at $10.4 million, says U.S. Attorney’s Office spokesperson Abraham Simmons.

Around the same time that Bridges seized bitcoin as a Secret Service agent in November 2014 from a European bitcoin exchange, he came under investigation for stealing bitcoin in 2013.

In 2015, Bridges resigned from the Secret Service and kept the only key to the digital wallet that held bitcoin seized in the second case and transferred the currency to other wallets, Simmons says.  He later pleaded guilty to money laundering and obstruction of justice.

Another federal agent, Carl Force, was convicted of corruption while investigating the marketplace of drugs, fake identification, and hacking tools. Seeborg sentenced Force — who pleaded guilty to extortion, money laundering and obstruction of justice — to six and a half years in prison.

Silk Road leader Ross Ulbricht was famously arrested in 2013 while using his laptop at Glen Park Library and later convicted in federal court. He operated Silk Road —considered by the FBI as the most extensive criminal market online at the time — from 2011-2013. 

For more on Silk Road, read our 2013 cover story.

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