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Author Topic: [2015-09-01] Ex-Federal agent admits stealing $820,000 in bitcoin in Silk Road c  (Read 394 times)
milaliss (OP)
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September 01, 2015, 01:40:36 PM
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Ex-Federal agent admits stealing $820,000 in bitcoin in Silk Road case
Shaun W. Bridges has pleaded guilty to money laundering and obstruction of justice in federal court in San Francisco this Monday.
http://www.coinfox.info/news/2919-ex-federal-agent-admits-stealing-820-000-in-bitcoin-in-silk-road-caseex-federal-agent-admits-stealing-820-000-in-bitcoin-in-silk-road-case
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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cr1776
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September 01, 2015, 04:08:37 PM
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I find it amazing that this behavior didn't taint the entire investigation.  Having one of the main agents doing this casts a lot of doubt on the veracity of their investigation.
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September 01, 2015, 10:00:56 PM
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This guy either was too much of a newb to figure out how to mix the coins or assumed he had all his bases covered in terms of thinking his actions were beyond an investigative protocol. Now, he just blew his career and screwed his family over, both financially and in shame.
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September 01, 2015, 10:11:44 PM
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This guy either was too much of a newb to figure out how to mix the coins or assumed he had all his bases covered in terms of thinking his actions were beyond an investigative protocol. Now, he just blew his career and screwed his family over, both financially and in shame.
I don't think so, even a 15 years old tech savvy kid knows how to mix coins. The agent probably knew that the Feds will find out about his theft and decided to rather turn himself so his sentence will be reduced. Tax dodgers do the same so they have to pay smaller fines.
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