DECRYPT · 2026-11-06 10:57 UTC

Former FBI Agent Pleads Guilty to Stealing $2.5M in Crypto From 35 Investigations

Former FBI agent Patrick Steven Yaroch, 37, pleaded guilty to wire fraud and money laundering for stealing about $2.47 million in cryptocurrency using wallet credentials gathered in FBI investigations. Prosecutors said he made about 100 fraudulent transfers using credentials from 35 FBI investigations, swapped the funds into other cryptocurrencies to hide their origin, and used some of the money to pay off credit cards, car payments and loans. He faces up to 20 years in prison and is scheduled to be sentenced on March 4, 2027.

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