Former FBI Agent Pleads Guilty to Stealing $2.47 Million in Crypto From Investigations
Bitcoin Magazine Former FBI Agent Pleads Guilty to Stealing $2.47 Million in Crypto From Investigations Patrick Steven Yaroch, 37, of Ashburn, Virginia, pleaded guilty Thursday to wire fraud and money laundering after using wallet credentials from 35 FBI investigations to take about $2.47 million in cryptocurrency.…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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