Morning Edition · Tuesday, August 4, 2026Published at 1:32 AM EDT · New York
Former FBI Agent Charged With Taking $1 Million in Crypto From Wallets Tied to Investigations
Prosecutors say Patrick Steven Yaroch memorized recovery phrases found in bureau systems, and agents seized $925,426 from his accounts on Monday.
A former supervisory special agent at the Federal Bureau of Investigation (FBI) has been charged with stealing close to $1 million in cryptocurrency from wallets connected to bureau counterintelligence work. CoinDesk reports the agent held…
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States Struggle to Custody Seized Crypto
As governments accumulate seized digital assets, insider access and file-based key storage keep producing losses, pushing agencies toward institutional custody and concentrating seized coin in a few regulated operators.
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