Former FBI agent Patrick Steven Yaroch admits to stealing $2.47 million in cryptocurrency.

Former FBI agent Patrick Steven Yaroch pleaded guilty on November 5 to wire fraud and money laundering. He used his official authority to obtain cryptocurrency credentials collected during an FBI investigation and carried out approximately 100 fraudulent transfers, illegally profiting about $2.47 million. Patrick Steven Yaroch stole assets from wallets controlled by his investigation subjects, hostile state actors, and wallets created by the FBI, and used some of the funds to pay off personal debts. Sentencing is scheduled for March 4, 2027, and he faces a maximum sentence of 20 years in prison. (Source: U.S. Department of Justice)