Former FBI agent admits stealing $2.47 million in crypto
Key points
- Former FBI agent Patrick Steven Yaroch has pleaded guilty to wire fraud and money laundering involving cryptocurrency theft.
- Yaroch allegedly stole approximately $2.47 million through 100 fraudulent transfers linked to 35 FBI investigations.
- The theft compromised criminal investigations, national security operations and cryptocurrency credentials held by federal investigators.
Former FBI agent Patrick Steven Yaroch has pleaded guilty after stealing approximately $2.47 million in cryptocurrency.
Yaroch accessed cryptocurrency credentials collected during FBI investigations while working in counterintelligence and espionage divisions.
The US Department of Justice confirmed the guilty plea following its investigation into the former agent's activities.
Court documents detail approximately 100 fraudulent transfers involving credentials connected to 35 separate FBI investigations.
Yaroch exchanged stolen cryptocurrency for other digital assets before transferring funds through additional transactions to conceal ownership.
Between November 2025 and January 2026, he transferred approximately $93,082 between personal accounts to cover debts and expenses.
His actions compromised investigations involving criminal groups and foreign adversaries, affecting FBI intelligence sources and investigative methods.
Yaroch faces up to 20 years in prison, with sentencing scheduled for 4 March 2027.
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