The second federal agent tasked with investigating Silk Road will plead guilty to stealing $300,000 worth of bitcoins
Neither Force's lawyer nor a spokesman for the U.S. Attorney's
Office in San Francisco responded to requests for comment.
Prosecutors said that while working as a DEA agent, Force ordered that a customer's account be frozen in a digital currency exchange company in which he had invested.
Force, also without authorities' knowledge, used another online moniker, "French Maid," and offered Ulbricht information on the investigation for about $98,000 in bitcoins in September 2013, prosecutors said.
Read the original article on Reuters. Copyright 2015. Follow Reuters on Twitter.
Ross Ulbricht, Silk Road's creator who authorities say used the alias "Dread Pirate Roberts," was sentenced to life in prison in May after a federal jury in Manhattan found him guilty of several charges, including distributing drugs through the Internet.
The deal came after prosecutors last week reached a plea agreement with Shaun Bridges, a former Secret Service agent who was charged along with Force in March with stealing bitcoins, the web-based digital currency, during the investigation.
Former DEA agent Carl Force and Secret Service agent Shaun Bridges Forbes
Carl Force, a former U.S. Drug Enforcement Administration agent, has agreed to plead guilty on July 1 to charges of extortion, money laundering and obstruction of justice, according to papers filed on Monday in federal court in San Francisco.
Prosecutors have said Bridges, the former Secret Service agent, meanwhile diverted over $800,000 in bitcoins to a personal account.
But the $297,000 in bitcoins in the account was never deposited in a DEA account, prosecutors said, and instead was transferred in April 2014 by Force into a personal account.
The case is U.S. v. Bridges, U.S. District Court, Northern District of California, No. 15-cr-319.
According to a government document, Force, operating as "Nob," in August 2013 convinced Ulbricht to pay him $50,000 in bitcoins by pretending he had information on the investigation.
Silk Road operated for more than two years until it was shut down in October 2013, generating more than $214 million in sales of drugs and other illicit goods using bitcoins, prosecutors said.
(Reuters) - A former federal agent has agreed to plead guilty to stealing bitcoins during the government's investigation of Silk Road and secretly soliciting payment from the operator of the online black market for information on its probe.
Ross Ulbricht Free Ross Ulbricht
While Force reported the discussion to the DEA, he falsely claimed no payment had been made but instead diverted the bitcoins to a personal account, prosecutors said.
Force and Bridges belonged to a Baltimore-based federal task force that investigated Silk Road. Force played a prominent role, communicating with Ulbricht while posing as a drug dealer named "Nob," prosecutors said.
Jiang Zhuoer: BTC.Top Will Support the Camp Favored by a Majority of Hash Power in the Bitcoin Cash Hash War
Jiang Zhuo’er and his BTC.TOP , a major Chinese mining pool, will not take side in the upcoming Bitcoin Cash’s hash war between two competing camps, Bitcoin ABC and Bitcoin SV. Zhuo’er shared h
F2Pool Will Support the Mining of BCHABC and BCHSV after Bitcoin Cash Hard Fork
F2Pool, the sixth largest bitcoin mining pool in the world, announced on Tuesday that it will allow miners to mine both coins generated from the upcoming Bitcoin Cash hard fork after the chain split
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.
According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a trial that put the paperwork for marine cargo insurance claims on a blockchain.
Accenture Puts Software License Management on a Blockchain Platform
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.
Accenture announced in a pre
Singapore's Central Bank, SGX Develop Blockchain Settlement System
The Monetary Authority of Singapore (MAS) and the country's stock exchange, Singapore Exchange (SGX), have developed a settlement system for tokenized assets that can work across different blockchains
Colorado Regulators Crack Down on Four More ICOs
Colorado regulators took action against four ICOs Thursday, bringing the state's total number of cease-and-desist orders against crypto startups to 12.
The state's "ICO Task Force" rebuked Bitcoin