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FBI Agent Accused of Stealing $1 Million in Crypto from Agency Targets

Guavy AI Editorial Team
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An FBI agent has allegedly turned himself in for stealing around $1 million in cryptocurrency from foreigners the agency was investigating.

The agent, Patrick Steven Yaroch, contacted the Department of Justice last week to confess to making 'very poor decisions related to cryptocurrency wallets,' according to a Federal Bureau of Investigation affidavit filed with a district court in Virginia.

Yaroch used FBI systems to access the keys needed to transfer funds from cryptocurrency accounts associated with an 'adversarial nation' to himself, the document released Monday says. Starting in late 2024 or early 2025, he conducted about 10 transfers totaling around $1 million.

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