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Covered by 2 outlets — first reported by The Record, Nov 6, 16:53 UTC

FBI agent pleads guilty to stealing $2.4 million in crypto from nation-state hackers

Summary

Patrick Steven Yaroch, 37, a former FBI agent, has pleaded guilty to wire fraud and money laundering charges after admitting he used his position on an FBI investigative squad to steal more than $2.4 million in cryptocurrency to cover his debts. BleepingComputer describes the funds as taken from the wallets of fraud victims and nation-state hackers under investigation, and puts the total at nearly $2.5 million. He faces up to 20 years in prison.

AI summary by the SecurityTabs newsroom, checked against The Record, BleepingComputer. Read the outlets below for the full story.

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2 outlets, in the order they reported it.

  1. The RecordFirst report

    FBI agent pleads guilty to stealing $2.4 million in crypto from nation-state hackers

    Patrick Steven Yaroch, 37, is facing up to 20 years in prison on wire fraud and money laundering charges after admitting to using his position on an FBI investigative squad to steal more than $2.4 million in cryptocurrency to cover his…

    Read at The Record Details

  2. BleepingComputer

    FBI agent stole $2.5 million in crypto from hackers under investigation

    A former FBI agent has pleaded guilty to stealing nearly $2.5 million from the wallets of fraud victims and nation-state hackers under investigation.

    Read at BleepingComputer Details

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