Ex-FBI agent pleads guilty to stealing $2.47M in crypto

Cointime update: Former FBI agent Patrick Steven Yaroch pleaded guilty on Nov. 5 in federal court in Alexandria, Virginia, to wire fraud and money laundering for stealing about $2.47 million in crypto assets. Prosecutors said Yaroch, who worked in the FBI’s counterintelligence division, used wallet credentials from at least 35 investigations to make roughly 100 fraudulent transfers starting no later than December 2024. He faces up to 20 years in prison and is set for sentencing on March 4, 2027.