AuthorTopic: Second US federal agent jailed for Silk Road Bitcoin theft  (Read 681 times)

Offline Palloy

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Second US federal agent jailed for Silk Road Bitcoin theft
« on: December 08, 2015, 01:25:32 PM »
When the authorities seize your computer, they get access to your GPG Private Key and so can read all your encrypted messages.  Plus they get access to your BitCoin Wallet and can transfer all your BitCoins to an anonymous account of their choice.

You can protect against this by having all that info held on encrypted drives with a strong password, but that only works if the computer is switched off or the encrypted drives not mounted.  When Ulbricht (Silk Road) was arrested he was in a public library with his laptop on, and his encrypted drives mounted.  If it wasn't for that, he might not be where he is today.
Second US federal agent jailed for Silk Road Bitcoin theft
8 Dec, 2015

A former agent of the US Secret Service faces almost six years in prison for stealing $820,000 in bitcoins while investigating an online drug emporium.

Shaun Bridges was sentenced Monday, after admitting to money laundering and obstruction charges in August.

US District Judge Richard Seeborg said Bridges' behavior was a "shocking and reprehensible abandonment of his public duty."

"This, to me, is an extremely serious crime consisting of the betrayal of public trust by a federal law enforcement agent," Seeborg said. "And from everything I see, it was motivated entirely by greed.”

The judge also blasted Bridges for trying to pin the theft on a witness cooperating with the investigation, who put his life at risk as Silk Road founder Ross Ulbricht reportedly threatened to have him killed.

Bridges told the judge before his sentencing that he had accepted responsibility for his crime and had not spent any of the money he took.

"I obviously have lost a lot, a very illustrious career," he said. His lawyer sought a three-year sentence, but the judge handed him a sentence of five years and 11 months, the AP reported.

Carl Force, a former Drug Enforcement Agency (DEA) agent who worked with Bridges, was sentenced in October to six and a half years in prison after he too pleaded guilty to stealing the cryptocurrency. Force was also ordered to pay $340,000 in compensation.

When federal investigators announced the charges against Ulbricht, they called Silk Road “the most sophisticated and extensive criminal marketplace on the Internet.”

Ulbricht was sentenced to life in prison in May. He operated the website for nearly three years, from 2011 until his 2013 arrest.
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Offline K-Dog

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Re: Second US federal agent jailed for Silk Road Bitcoin theft
« Reply #1 on: December 08, 2015, 01:52:16 PM »
Secret Service Bitcoin Theives.

These are the type of men who have you under surveillance.  These are the men who can cancel your credit cards and bring to your life unimaginable grief with only a few klicks of their keyboard.  These are the men who can block email transmission (yes this has happened to me) and redirect your web traffic anywhere they desire.  These are the men who can plant evidence of crimes on your computer and I'll leave it to you to figure out what they can do.  Don't like pictures of 12 year old naked boys you say.  Tell it to the judge.  Your computer is secure you say.  If you use a Microsoft product they can get in.

They want you to be afraid of brown people thousands of miles away but who you should be afraid of is them.
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