A supervisory FBI intelligence agent admitted stealing over $1 million in cryptocurrency from wallets tied to agency investigations.
A supervisory FBI intelligence agent was arrested and charged with stealing more than $1 million in cryptocurrency from accounts linked to foreign individuals under investigation. Patrick Steven Yarmoch, who held top-secret clearance, allegedly accessed crypto keys from FBI systems to transfer funds to himself on multiple occasions.
Yarmoch worked in counterintelligence at FBI headquarters, focusing on an unnamed adversary nation. He reportedly confessed to colleagues before being suspended, fired, and arrested on July 31, according to court filings in the Eastern District of Virginia.
The case highlights vulnerabilities in federal oversight of seized digital assets. No immediate market reaction was reported, though the incident may prompt tighter crypto handling protocols within law enforcement agencies.