Busted! Cops taking BTC!

[Cryptowatch.com]

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..

[Kazimir]

another negative news in Bitcoin sphere

You mean in the government sphere.

[calme]

lower manhattan looks like the tip of a dick so i guess in 3d the u.s. government would be sort of spherical

[Lexi Price]

another negative news in Bitcoin sphere

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 

[barrymatas]

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

[sgk]

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.

[Cryptowatch.com]

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!

[Gyfts]

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.

[Mehek]

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

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

[leopard2]

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

[lucullus]

So sad to see corruption in such major institutions

[ajareselde]

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

[magic ice]

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

[tokeweed]

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

[AtheistAKASaneBrain]

another negative news in Bitcoin sphere

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 

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.

[SirChiko]

another negative news in Bitcoin sphere

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

[Kprawn]

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.. 

[SirChiko]

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.. 

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

[llanillo]

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

[goldkey0070]

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