Bitcoin Forum

http://www.cnn.com/2015/03/30/politics/federal-agents-charged-with-stealing-bitcoin/index.html

Holy Shit. That's crazy

Not terribly surprising. The prosecution of these agents is somewhat surprising. Ross should get a new trial on all of the charges. I am no conspiracy theorist, but you do have to wonder how much of the black mail attempts in these situations is perpetrated by rogue feds or other law enforcement.

Fail.



already on forum.

Corrupt cops should go to jail, they should pay back all the BTC they stole from Ross + his customers, and Ross should be set free immediately.

Don't forget world peace and and end to hunger.  :)
The way the world should be...

Of course i could be wrong but this sounds very much like one of the guys who pretended to do the murder for hire for Ross does it not? I mean the agent / apparent hells angel dude Ross was speaking to threw mail. I really think it was and how funny this is the feeling i got while reading the chat logs between them both. He will still get sentenced for the silkroad but this might be his get out of jail for the murder for hire. We'll have to wait and see i guess.  

What is so surprising here? That the federal agents stole bitcoin? Police or law enforcement in general have a very long history of corruption and rogue agents being present. Crooked cops and FBI agents before have been stealing evidence, money, drugs, weapons - basically everything valuable since like forever, really. We just entered new era of bitcoin - it is just new kind of money, of course they will be stealing that too.

I have to agree with this they have been doing what stated above since it began which is kind of sad they are meant to protect and serve yet they kill and steal.

What this does show though is the strengths of Bitcoin doesn't it?

If that was cash those crooks would still be free to do what they do but because it is Bitcoin they was traced however much effort they put in to covering their tracks. 'armatures'  ;D :D

cutting edge fraud!  impressive.

Dude this post is late,  but anyway Free Ross march to the Street of Washington.

impressive? it's nothing more than a fail. they think they can get a few years worth of salary without any one noticing.

Some things bear repeating :D

These guys wanted tha coinage for a reason but failed in thinking they could get away with is when their peers were catching on. Totally idk what at this point, they couldn't have thought this would turn out alright..

It's just immature for the legal system to be discriminating against drug users/dealers/etc. by punishing them, but the whole attempted murder (or whatever they're charging him with) thing is another matter entirely and will now seem less legitimate.

Original discussion thread:
https://bitcointalk.org/index.php?topic=1007330.0

another negative news in Bitcoin sphere >:(

i personally find it amusing. they steal cash, they steal digital cash. they beat up humans, they will beat up digital humans (robots). basically, they love money and violence.

Damn. Thats insane.

it was expected, with that huge amount of money, many will fall in temptation, cops are not excluded

i'll not be surprise if other coins from the silk road would be declared missing in the future due to others greedy authority

According to a post on reddit, there might be some connection between the rogue officials and gox as well.

http://www.reddit.com/r/Bitcoin/comments/30tgkv/undercover_agents_working_on_silk_road_case/
http://www.justice.gov/sites/default/files/opa/press-releases/attachments/2015/03/30/criminal_complaint_force.pdf

If anyone has the time to read through all that 95 pages and make a summary, I'm sure lots of people would appreciate it. Lots of pages to read..

You mean in the government sphere.

lower manhattan looks like the tip of a dick so i guess in 3d the u.s. government would be sort of spherical
http://files.doobybrain.com/wp-content/uploads/2009/04/penis-subway-map.jpg

I disagree this is a negative. It's pretty positive - it shows even the Feds see the value of bitcoin enough to steal them. It also illuminates the degree of corruption involved in going after Ross.

Nobody is oblivious to government and law enforcement corruption. But to see them stealing bitcoin is, unto itself, a positive for the true value of bitcoin. I would've thought it'd jump up a few points on this news  :D

I find that funny. And it will be impossible to claim or blame them if they had been let away with it.

In all, the officer made several mistakes.

--> He leaked his real name in an unencrypted message on Silk Road
--> He connected his real identity on Bitcoin exchanges to the cash he was making illicitly
--> He used his official DEA laptop to login to his personal identity on Silk Road

I wonder how he could have neglected such serious issues, given the fact that he was investigating someone on Dark Web.  LOL.
If he had been more serious about these issues, there was no way for him to have been caught.

OK, just a short thought experiment here to repeat the statist line of thought.

Bitcoin is used by some people for nefarious purposes. Therefore bitcoin is bad and must be banned. This will stop people from doing nefarious stuff. ??? Profit!
Bitcoin is used by some law enforcement officers. They are using it for something nefarious. Law enforcement officers must be banned! This will stop law enforcement officers from doing bad stuff and protect the public???? Profit!

I'm not surprised, at all truthfully. It never surprises me who sucumbs to greed now a days. Absolutely anyone can be a culprit in a "Bitcoin heist". It's way too easy to get away with if pulled off successfully, and those two federal agents probably had a reasonable chance to execute this robbery as well. One of the many reasons that I feel Bitcoin won't come out in the public's eye as something they'd want to invest time and money into.

hahahaha....thats the best thing i have seen till now..thankz for sharing this post here on bitcointalk

What is so suprising about the fact that robbers sometimes steal as well?  ;)

So sad to see corruption in such major institutions

It doesnt come as a surprise that they are stealing, but their carelessness is insane, one more fact to their raputation, they seam to be unable
to do anything right :) i would expect atleast some effort more in covering their identities and tracks, since they ought to have experience in that.

cheers

The real news is if cops return lost money, that is the news.
Cops who are stealing bitcoins/money is not a news.

I agree, it's pretty damn positive. They can bash it all they want, but this only shows that internally, there is a want for Bitcoin even among the so called forces of order. The govt bashes it while hunts it.

Negative news? I get them as quite positive...it's more shame and negativity for police and goverment.

Just shows, we are all human, and we cannot get pass the fact, that greed is part of our being.

Bitcoin has value, and it can be stolen, bartered, hacked....just as any other currency out there.... we are no more special than any of the currencies out there.

Just glad, they see the value too..  ;D ;D

I just hope it will get into mainstream news as we could benefit from it as we could get more public exposion no?
:)

Police officers abusing of their power and stealing money? that is not very new, the only difference is that the money they steal are bitcoins, and I see it as an advertisement for bitcoins, so more people will want know what is bitcoin and what they are for

i have had the DEA steal 2000 dollars out of 6000 so they only reported 4000 and stole 40 bags of stuff out of 120 so they only reported 80 and i know those are the numbers because i just left