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Ex-Secret Service Agent Sentenced to Additional 2 Years in Prison for Bitcoin Theft

bitcoin_bigBy Steve Neavling
ticklethewire.com

A former Secret Service agent received an additional two years in prison for stealing bitcoins during an investigation into drug marketplace Silk Road.

Shaun Bridges, 35, was sentenced in 2015 to nearly six years in prison stealing more than $800,000 worth of bitcoins during the Silk Road probe.

Bridges pleaded guilty in August to money laundering in another criminal case involving the theft of more than $350,000 with of bitcoin that today is worth more than $800,000. On Tuesday, U.S. District Court Judge Richard Seeborg in San Francisco sentenced Bridges to another two years in prison, the Justice Department announced

The investigation shut down Silk Road in October 2013, and authorities said the site generated more than $214 million in sales of drugs and other illicit goods and services, relying on bitcoins for payment.


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