Former FBI agent’s $2.47 million crypto theft involved credentials from 35 investigations

A former FBI agent’s crypto theft involved approximately $2.47 million taken with wallet credentials collected during federal investigations, the Justice Department said Thursday. Patrick Steven Yaroch pleaded guilty to wire fraud and money laundering in a case that compromised investigations into criminal groups and nation-state adversaries. Key takeaways Yaroch’s theft involved roughly 100 transfers linked to 35 FBI investigations. Prosecutors said he converted and moved stolen cryptocurrency to conceal its origin. His sentencing is scheduled for March 4, 2027. Yaroch, 37, of Ashburn, Virginia, entered his plea in federal court in Alexandria.

Source: The Cryptonomist