Former FBI agent pleads guilty: admits to stealing approximately 2.47 million dollars in cryptocurrency from the investigation starting from 35

According to reports from multiple media outlets including Decrypt, the U.S. Attorney's Office for the Eastern District of Virginia stated that former FBI agent Patrick Steven Yaroch pleaded guilty on November 5 in federal court in Alexandria to charges of telecommunications fraud and money laundering.

He used stolen credentials to conduct approximately 100 fraudulent transfers from 35 cryptocurrency wallets involved in FBI investigations, stealing about $2.47 million in cryptocurrency assets, and concealed the source of the funds through methods such as exchanging tokens. Some of the funds were used to pay off debts such as credit cards and auto loans. Yaroch faces a maximum of 20 years in prison, with sentencing scheduled for March 4, 2027. Previous reports indicated that the amount involved was approximately $1 million.