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Secret Service agent stole $10M worth of bitcoin from Silk Road

By Patrick following x   2017 Nov 10, 7:06am 106 views   2 comments   watch   quote     share  


Shaun W. Bridges, 35, of Laurel, Md., was sentenced to 24 months in prison by U.S. District Judge Richard Seeborg in San Francisco following his earlier guilty plea to one count of money laundering. Judge Seeborg ordered that the sentence be served consecutively to a previous sentence that Bridges is currently serving. Bridges was also ordered to forfeit approximately 1,500 bitcoin and other fiat currency which has a current value of approximately $10.4 million.


https://www.justice.gov/usao-ndca/pr/former-secret-service-agent-sentenced-scheme-related-silk-road-investigation
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1 Sniper   ignore (8)   2017 Nov 10, 7:11am   ↑ like (0)   ↓ dislike (0)     quote        

That's the problem with online numbers on the screen. Here today, gone tomorrow.

Makes the saying "If you don't hold it, you don't own it" even more important.

With how much better hackers are getting lately, and online security being violated, it's not the question of "IF" your retirement accounts will be wiped out and stolen, it's a matter of "WHEN".

It's coming!!!
2 Patrick   ignore (0)   2017 Nov 10, 7:14am   ↑ like (0)   ↓ dislike (0)     quote        

Sniper says
it's not the question of "IF" your retirement accounts will be wiped out and stolen, it's a matter of "WHEN".


That pretty much did happen in Argentina. One day everyone's dollar deposits were simply not available as they were promised to be. Replaced with pesos.

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