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FBI Agent Accused of Stealing $1M in Cryptocurrency Amid Government Criticism

Guavy AI Editorial Team Published August 5, 2026

A former FBI agent has been accused of stealing nearly $1 million in cryptocurrency from accounts being monitored by the agency.

The alleged culprit is Patrick Yaroch, who claimed he took the funds due to frustration with the government's handling of cryptocurrency misuse.

Court documents show Yaroch allegedly confessed when questioned by federal agents and was subsequently arrested last week.

The FBI has stated that it holds its employees to the highest ethical standards and is conducting a thorough investigation into the matter.

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