<\/p>\n
An FBI agent has allegedly turned himself in for stealing about $1 million in cryptocurrency from foreigners the agency was investigating.<\/p>\n
Patrick Steven Yaroch contacted the Department of Justice last week to confess to making \u201cvery poor decisions related to cryptocurrency wallets,\u201d according to a Federal Bureau of Investigation affidavit filed with a district court in Virginia.<\/p>\n
Yaroch used FBI systems to access the keys needed to transfer funds from cryptocurrency accounts associated with an \u201cadversarial nation\u201d to himself, the document released Monday says. Starting in late 2024 or early 2025, he conducted about 10 transfers totalling around $1 million, it says.<\/p>\n
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The filing details how Yaroch met with a DOJ employee he knew on July 29 and \u201cimmediately started to break down as he told his story.\u201d He decided to come clean \u201cbecause of the shame\u201d that was \u201ceating him up inside,\u201d it says.<\/p>\n
Yaroch became aware of the accounts in November 2024 in the course of his investigative work. He grew frustrated when he realised the FBI \u201ccould not or would not act against\u201d such accounts, so went into FBI systems and found the keys he needed to transfer the money to himself.<\/p>\n
Yaroch claimed he never interacted with anyone associated with the accounts, including foreign entities, the filing says.<\/p>\n
The FBI last week searched Yaroch\u2019s residence and vehicle. During the search, he provided his iPhone Face ID and pin to the agents, who accessed his account on Kraken, a crypto platform. He also told them of other applications he used for the transfers \u2014 an app called Slush, which was then connected to a project named Suilend.<\/p>\n
Searches of Yaroch\u2019s phone found that in May this year he asked ChatGPT: \u201cIf I had a million dollars, how would you suggest investing\/spending it to maximise profit and return.\u201d He also told it he was 37 with a young family and had a goal of retiring around 40 to a foreign country like Portugal.<\/p>\n
Yaroch was fired by the FBI on July 31, the same day he was arrested. He has been charged with interstate transportation and receipt of stolen goods, securities and monies.<\/p>\n
The court document doesn\u2019t identify any lawyers representing him.<\/p>\n
\u00a9 2026 Bloomberg<\/p>\n
#FBI #agent #allegedly #turns #crypto #theft<\/p>\n","protected":false},"excerpt":{"rendered":"
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