Former FBI Agent Pleads Guilty to Stealing ~$2.47M in Crypto from 35 Investigations

November 6: According to Decrypt and other media outlets, the U.S. Attorney's Office for the Eastern District of Virginia said former FBI agent Patrick Steven Yaroch pleaded guilty on November 5 in federal court in Alexandria to wire fraud and money laundering charges. Using stolen credentials, he made about 100 fraudulent transfers from crypto wallets involved in 35 FBI investigations, stealing roughly $2.47 million in crypto assets, and concealed the source of the funds by swapping tokens, among other methods; some of the funds were used to pay off credit card, auto loan and other debts. Yaroch faces up to 20 years in prison, with sentencing scheduled for March 4, 2027. Earlier reports put the amount involved at about $1 million.