Shaun Bridges, Ex-Secret Service Agent Receives 71 Months ...

In the news • Bitcoin thief - Shaun Bridges - arrested Jan-28-2016

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Bitcoin crime news: Shaun W. Bridges gets sentence, Yuri Lebedev indicted

Bitcoin crime news: Shaun W. Bridges gets sentence, Yuri Lebedev indicted submitted by saracon to Bitcoin [link] [comments]

Ex-secret service agent who stole $800,000 in bitcoin arrested again

Ex-secret service agent who stole $800,000 in bitcoin arrested again submitted by rotoreuters to betternews [link] [comments]

More Prison Time for Ex-Agent in Silk Road Case

OriginalLink: https://www.deepdotweb.com/2017/11/21/prison-time-ex-agent-silk-road-case/
More Prison Time for Ex-Agent in Silk Road Case
Shaun Bridges, the dirty Secret Service agent who had already landed a six-year prison sentence for the theft of $800,000 worth of bitcoins during the Silk Road investigation, just received another two-years for another bitcoin heist.
In March 2015, authorities arrested Shaun Bridges and Drug Enforcement Administration agent Carl Force. Both men had been part of the team behind the investigation and seizure of the Silk Road marketplace. Both men had stolen substantial amounts of bitcoin from the Silk Road and diverted the money into their bitcoin wallets. Bridges later pleaded guilty to both money laundering and obstruction of justice. Force, in turn, pleaded guilty to money laundering, extortion, and obstruction of justice.
The Department of Justice settled upon a 71-month sentence for Bridges and an 87-month sentence for Force. Bridges also agreed to forfeit $500,000 to the U.S. government. “I’ve lost a lot,” Bridges allegedly told the court. “I’ve accepted responsibility…I just [want] to apologize to everybody.”
However, Bridges had not ended his desperate attempt to keep bitcoin from the government (or from the original owners). Before serving any prison time, the corrupt agent managed to divert “government-owned” bitcoin to wallets under his control. The former Secret Service agent had stolen the current equivalent of $11.3 million in bitcoin.
The incident came out of nowhere. News about the agent had dulled to a whisper. Then, on January 28, federal agents raided the 35-year-old disgraced agent’s house one day before he was scheduled to surrender himself to the prison system for intake.
The authorities claimed Bridges had posed a serious flight risk and reported finding items such as passports and packed travel bags during the raid. U.S. District Judge Richard Seeborg had already banned Bridges from leaving the country or changing his name; the court had given the man temporary freedom but acknowledged the significant flight risk he posed.
Later documents revealed that Bridges had used his former Secret Service position to access the private key associated with a government bitcoin wallet. The wallet had contained (at least) 1,600 bitcoins linked to a 2014 bitcoin exchange investigation. He transferred the bitcoins to multiple wallets under his control.
Bridges admitted to the bitcoin theft and signed a plea agreement that imposed a sentence of 24-months in prison for one count of money laundering. “Bridges was also ordered to forfeit approximately 1,500 bitcoin and other fiat currency, which is currently valued at approximately $10.4 million,” the Department of Justice press release added.
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FBI Agent Admits to Stealing Silk Road Bitcoins Seized by U.S. Marshals

This is the best tl;dr I could make, original reduced by 62%. (I'm a bot)
Back in 2015 two rogue U.S. Secret Service agents, Shaun Bridges and Carl Mark Force, were caught and sentenced to prison for stealing funds while investigating the first high profile darknet market the Silk Road. Now according to reports, Shaun Bridges plead guilty on August 15 for moving 1,600 bitcoins of seized bitcoins confiscated by federal authorities.
The tale of the underground Silk Road marketplace seems to never end, as U.S. prosecutors have recently charged former special agent Shaun Bridges with money laundering crimes.
According to Ross Ulbricht's family, Bridges and Carl Mark Force tainted the entire Silk Road investigation and Ulbricht's hearing as well.
Ulbricht's defense said Force and Bridges had access to Silk Road administrator passwords, they could commandeer accounts, including DPR's, access private bitcoin keys, bank accounts and more.
Bridges has admitted to stealing millions of dollars worth of seized bitcoins, stolen before the two officers were taken into custody.
What do you think about the rogue agent Bridges being charged for money laundering and stealing 1600 BTC from the Feds? Let us know what you think in the comments below.
Summary Source | FAQ | Feedback | Top keywords: Bridges#1 bitcoin#2 agent#3 Road#4 Silk#5
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Secret Service agent stole 1,600 Bitcoins from Silk Road wallet

This is the best tl;dr I could make, original reduced by 53%. (I'm a bot)
Shaun W. Bridges, 35, of Laurel, Md., was sentenced to 24 months in prison by U.S. District Judge Richard Seeborg in San Francisco following his earlier guilty plea to one count of money laundering.
Bridges had been a Special Agent with the U.S. Secret Service for approximately six years in the Baltimore Field Office.
Bridges' responsibilities included, among other things, conducting forensic computer investigations in an effort to locate, identify and prosecute targets of the Baltimore Task Force, including Ross Ulbricht, aka "Dread Pirate Roberts," who ran the Silk Road from the Northern District of California.
In 2015, Bridges was arrested and taken into custody on charges related to the theft of approximately 1,600 bitcoin from a digital wallet belonging to the U.S. government.
According to admissions made in connection with his guilty plea, Bridges admitted to using a private key to access a digital wallet belonging to the U.S. government, and subsequently transferring the bitcoin to other digital wallets at other bitcoin exchanges to which only he had access.
As part of his plea, Bridges agreed to turn over the stolen bitcoin to U.S. agents.
Summary Source | FAQ | Feedback | Top keywords: Bridges#1 U.S.#2 bitcoin#3 approximately#4 Road#5
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Former Secret Service Agent Sentenced In Scheme Related To Silk Road Investigation: Also ordered to forfeit approximately 1,500 bitcoin

This is the best tl;dr I could make, original reduced by 53%. (I'm a bot)
Shaun W. Bridges, 35, of Laurel, Md., was sentenced to 24 months in prison by U.S. District Judge Richard Seeborg in San Francisco following his earlier guilty plea to one count of money laundering.
Bridges had been a Special Agent with the U.S. Secret Service for approximately six years in the Baltimore Field Office.
Bridges' responsibilities included, among other things, conducting forensic computer investigations in an effort to locate, identify and prosecute targets of the Baltimore Task Force, including Ross Ulbricht, aka "Dread Pirate Roberts," who ran the Silk Road from the Northern District of California.
In 2015, Bridges was arrested and taken into custody on charges related to the theft of approximately 1,600 bitcoin from a digital wallet belonging to the U.S. government.
According to admissions made in connection with his guilty plea, Bridges admitted to using a private key to access a digital wallet belonging to the U.S. government, and subsequently transferring the bitcoin to other digital wallets at other bitcoin exchanges to which only he had access.
As part of his plea, Bridges agreed to turn over the stolen bitcoin to U.S. agents.
Summary Source | FAQ | Feedback | Top keywords: Bridges#1 U.S.#2 bitcoin#3 approximately#4 Road#5
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After admitting to new crime, ex-Secret Service agent sentenced to 2 years

This is the best tl;dr I could make, original reduced by 75%. (I'm a bot)
SAN FRANCISCO-Former United States Secret Service agent Shaun Bridges was sentenced to an additional two years of prison on Tuesday.
In August 2017, Bridges pleaded guilty to new counts of money laundering and related forfeiture.
Seeborg later noted, "It does appear that, from all that I've read... Mr. Bridges has a new perspective on what he's done and, hopefully, the decision to try to lead his life going forward in a different way."
Over a year ago, federal authorities strongly suggested in court filings that, in 2015, after Bridges had left the Secret Service and after he had already signed his first guilty plea, he had illegally transferred to himself over 1,600 bitcoins.
"What Mr. Bridges provided was something that, had he not provided, we would be out that quantity of digital currency, so far as I can tell, maybe forever," Frentzen said during the Tuesday hearing, as part of his earlier court filing as to why Bridges deserved an additional three years.
In a sentencing memorandum filed prior to the Tuesday hearing, Bridges' attorney, Laurel Headley, asked the judge to impose a sentence of two years, one to be served concurrently with the sentence he was already serving.
Summary Source | FAQ | Feedback | Top keywords: Bridges#1 hearing#2 court#3 Judge#4 Bitcoin#5
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Silk Road Creator Ross Ulbricht Loses Life Sentence Appeal. Fuck all judges.

This is an automatic summary, original reduced by 72%.
Secret Service agent Shaun Bridges stole hundreds of thousands of dollars worth of bitcoin from the Silk Road. DEA agent Carl Mark Force attempted to extort Ulbricht, and even sold him secret information from the Silk Road investigation.
Ulbricht's lawyers argued that both agents influenced the Silk Road investigation, and at times had access to the Silk Road servers that could have been used to frame their client.
"The relevant question, on which none of Ulbricht's arguments casts any light or raises any doubt, is whether any particular item of evidence was tainted in some way by the misconduct of Bridges or Force. Nothing in the government's disclosures, and nothing that Ulbricht identifies in the record or has produced from any independent source, suggests that either Bridges or Force had such capacity."
"In light of the overwhelming evidence, discussed below, that Ulbricht was prepared, like other drug kingpins, to protect his profits by paying large sums of money to have individuals who threatened his enterprise murdered, it would be plainly wrong to conclude that he was sentenced for accidental deaths that the district court discussed only in passing in imposing sentence," they write.
The sheer volume of illegal narcotics that the Silk Road sold put Ulbricht in a sentencing category that technically allowed a life sentence, though not that even the prosecution in the case asked for that extreme punishment.
Her strategy appears to have backfired, at least in the short term: Sales on Silk Road successor sites doubled in the immediate wake of Ulbricht's sentence, as news of the trial's outcome raised awareness of the dark web drug market.
Summary Source | FAQ | Theory | Feedback | Top keywords: Ulbricht#1 sentence#2 Road#3 Silk#4 court#5
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Silk Road creator Ross Ulbricht loses his life sentence appeal

This is an automatic summary, original reduced by 72%.
Secret Service agent Shaun Bridges stole hundreds of thousands of dollars worth of bitcoin from the Silk Road. DEA agent Carl Mark Force attempted to extort Ulbricht, and even sold him secret information from the Silk Road investigation.
Ulbricht's lawyers argued that both agents influenced the Silk Road investigation, and at times had access to the Silk Road servers that could have been used to frame their client.
"The relevant question, on which none of Ulbricht's arguments casts any light or raises any doubt, is whether any particular item of evidence was tainted in some way by the misconduct of Bridges or Force. Nothing in the government's disclosures, and nothing that Ulbricht identifies in the record or has produced from any independent source, suggests that either Bridges or Force had such capacity."
"In light of the overwhelming evidence, discussed below, that Ulbricht was prepared, like other drug kingpins, to protect his profits by paying large sums of money to have individuals who threatened his enterprise murdered, it would be plainly wrong to conclude that he was sentenced for accidental deaths that the district court discussed only in passing in imposing sentence," they write.
The sheer volume of illegal narcotics that the Silk Road sold put Ulbricht in a sentencing category that technically allowed a life sentence, though not that even the prosecution in the case asked for that extreme punishment.
Her strategy appears to have backfired, at least in the short term: Sales on Silk Road successor sites doubled in the immediate wake of Ulbricht's sentence, as news of the trial's outcome raised awareness of the dark web drug market.
Summary Source | FAQ | Theory | Feedback | Top keywords: Ulbricht#1 sentence#2 Road#3 Silk#4 court#5
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Silk Road Creator Ross Ulbricht Loses Life Sentence Appeal

This is an automatic summary, original reduced by 72%.
Secret Service agent Shaun Bridges stole hundreds of thousands of dollars worth of bitcoin from the Silk Road. DEA agent Carl Mark Force attempted to extort Ulbricht, and even sold him secret information from the Silk Road investigation.
Ulbricht's lawyers argued that both agents influenced the Silk Road investigation, and at times had access to the Silk Road servers that could have been used to frame their client.
"The relevant question, on which none of Ulbricht's arguments casts any light or raises any doubt, is whether any particular item of evidence was tainted in some way by the misconduct of Bridges or Force. Nothing in the government's disclosures, and nothing that Ulbricht identifies in the record or has produced from any independent source, suggests that either Bridges or Force had such capacity."
"In light of the overwhelming evidence, discussed below, that Ulbricht was prepared, like other drug kingpins, to protect his profits by paying large sums of money to have individuals who threatened his enterprise murdered, it would be plainly wrong to conclude that he was sentenced for accidental deaths that the district court discussed only in passing in imposing sentence," they write.
The sheer volume of illegal narcotics that the Silk Road sold put Ulbricht in a sentencing category that technically allowed a life sentence, though not that even the prosecution in the case asked for that extreme punishment.
Her strategy appears to have backfired, at least in the short term: Sales on Silk Road successor sites doubled in the immediate wake of Ulbricht's sentence, as news of the trial's outcome raised awareness of the dark web drug market.
Summary Source | FAQ | Theory | Feedback | Top five keywords: Ulbricht#1 sentence#2 Road#3 Silk#4 court#5
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The Govt. Realized Bitcoin Could Not Be Shut down, Says U.S. Federal Prosecutor

This is an automatic summary, original reduced by 74%.
In an almost hour long interview, Kathryn Haun, Assistant Attorney for the U.S. Department of Justice in San Francisco and lecturer on digital currencies at Stanford Law School, who prosecuted her own colleagues, Shaun Bridges, a former Secret Services agent and Carl Mark Force, a DEA agent, for public corruption in an investigation arising from Silk Road, the infamous drug bazaar shut down in 2013, stated that the reason United States government did not shut down bitcoin is because they "Recognize you can't shut down bitcoin."
"There is simply no way" - Haun said, "With these technologies once the genie is out of the bottle you can't put it back inbut even if we could hold the developers of these technologies accountable," the federal prosecutor continued, that would be "Counter to the legal system."
The federal prosecutor wondered whether the law should be changed, emphasizing she was not saying so or otherwise, before arguing that developers state it is for privacy, "Which I like", but it is "Obviously the case a large percentage of criminals will use" the technology.
The federal prosecutor stated that criminal uses of bitcoin have a lot in common with other crimes as, in effect, agents follow the money.
The Federal prosecutor stated they discovered there were two rogue agents because one of them, presumably Carl Mark Force, had sent 21,000 bitcoins, worth $15 million, which had been stolen from a Silk Road vendor, directly to MT Gox.
Haun emphasized that bitcoin has legitimate uses, stating that a number of federal agents had bitcoin, "Not to steal," but because they found the technology interesting.
Summary Source | FAQ | Theory | Feedback | Top five keywords: state#1 prosecutor#2 technology#3 bitcoin#4 Haun#5
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Corrupt agent who investigated Silk Road is suspected of another $700k heist

This is an automatic summary, original reduced by 75%.
Newly unsealed court documents have revealed that one of the corrupt federal agents investigating Silk Road, the online drug marketplace, is suspected of stealing hundreds of thousands of dollars worth of bitcoin-after he pleaded guilty last year.
Shaun Bridges is one of two agents who pled guilty to stealing from the Darknet market.
Bridges stole about $800,000 worth of bitcoins from Silk Road drug dealers after he and a partner arrested a Silk Road admin and learned how to reset passwords.
Later, some of the account owners "Disputed the legality of the warrant," according to an affidavit signed by by IRS Special Agent Tigran Gambaryan, who headed up the Northern California-based investigation of Bridges' crimes.
When he was a federal agent, Bridges was a specialist in tumbler and the user of Tor.
Bridges, who sought to have the name change sealed from the public record, neglected to mention that he had been arrested and was scheduled to plead guilty to money-laundering charges.
Summary Source | FAQ | Theory | Feedback | Top five keywords: Bridges#1 agent#2 arrest#3 Bitcoin#4 access#5
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Ex-secret service agent who stole $800,000 in bitcoin newly arrested

This is an automatic summary, original reduced by 52%.
Shaun Bridges, a former secret service agent who was part of the investigation into the now-defunct dark website Silk Road - but who was subsequently prosecuted for stealing $800,000 in the online crypto-currency bitcoin from the site - has been arrested at his home in Laurel, Maryland, the day before he was scheduled to hand himself in to begin his prison sentence.
The web of corruption surrounding the Silk Road investigation was nothing short of breathtaking.
Along with an undercover agent with the Drug Enforcement Agency, Carl Force, Bridges was involved in the investigation into "Dread Pirate Roberts", the mysterious figure behind Silk Road. Force was in communication with the Roberts account under the alias "Nob".
The Force and Bridges affair was to prove a humiliating coda for the government, leading attorneys for Ulbricht to say that corruption "Pervaded the investigation of Silk Road".
Force, using the other aliases "French Maid" and "Death From Above", used the knowledge gleaned during the investigation to extort hundreds of thousands of dollars worth of bitcoin from Ulbricht.
He used "Nob" - who was really Force - to procure the murder-for-hire for which he was eventually convicted, and Force, Green, and Bridges faked Green's death.
Summary Source | FAQ | Theory | Feedback | Top five keywords: investigation#1 Force#2 Road#3 bitcoin#4 Silk#5
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Staatsanwälte konnten nachweisen, dass der Angeklagte, ein ehemaliger Agent, weitere Bitcoins, die nach der Silk-Road-Affäre beschlagnahmt wurden, stahl. Nach dem Ermittlungsverfahren des sogenannten Silk-Road-Falles, gestand Shaun W. Bridges, Hundertausende Dollars in Bitcoin gestohlen zu haben. Außerdem wurde er nun der Geldwäsche ... Shaun Bridges took $820,000 (£546,000) in bitcoin after accessing Silk Road. Shaun Bridges was scheduled to begin his prison sentence a day later Officers found bulletproof vests officials say were stolen Shaun Bridges was prosecuted for the theft of $800,000 in bitcoin. Shaun Bridges, 35, was sentenced ... the 1,500 Bitcoin turned over as part of Bridges‘ latest plea were worth roughly $11.3 million as of Tuesday’s sentencing. Silk Road acted as an online ... Bitcoin News Shaun Bridges, Ex-Secret Service Agent Receives 71 Months Imprisonment Gautham · December 8, 2015 · 6:00 pm. Bank Sponsored. Shaun Bridges, the United States Secret Service agent ...

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