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Corrupt agent who investigated Silk Road is suspected of another $700k heist

posted onJuly 4, 2016
by l33tdawg

Newly unsealed court documents have revealed that one of the corrupt federal agents investigating Silk Road, the online drug marketplace, is suspected of stealing hundreds of thousands of dollars worth of bitcoin—after he pleaded guilty last year.

Shaun Bridges is one of two agents who pled guilty to stealing from the Darknet market. Bridges stole about $800,000 worth of bitcoins from Silk Road drug dealers after he and a partner arrested a Silk Road admin and learned how to reset passwords. That led to Ross Ulbricht, who was convicted of running Silk Road in February 2015, attempting to order the murder of the admin, Curtis Green. Ulbricht was sentenced to life in prison last year.

Bridges' scam was later discovered, though. The former Secret Service agent, who served on a Baltimore-based task force investigating Silk Road, was arrested in March 2015 and pled guilty a few months later. In January, Bridges was arrested again just one day before he was scheduled to turn himself in. The documents unsealed Thursday shed light on why the second arrest took place.

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