Skip to content
Back to Guavy Wire
Crypto

FBI Agent Fired After Confessing to Stealing $1 Million in Crypto

Share

A high-ranking FBI agent has been fired and charged after confessing to siphoning approximately $1 million in cryptocurrency from a suspect's digital accounts. The passcodes used for access were gathered during an overseas investigation by the same agency.

The agent, Patrick Yaroch, was arrested over the weekend and charged with interstate transfer of stolen goods. Notably, he has not been charged with theft itself.

A confession that started with guilt, Yaroch told a Department of Justice employee that the situation 'was eating him up inside' and that he wanted to get it 'off his chest.' The affidavit details how Yaroch made 10-12 withdrawals from digital accounts tied to a suspect in the overseas case.

The ChatGPT search history revealed by investigators paints a picture of someone already considering what to do with the money. Yaroch asked the chatbot: 'If I had a million dollars, how would you suggest investing it/spending it to maximize profit and return?' In June, he followed up with another query: 'If you had a bucket of money (around $1 million) and you wanted to leave the USA and become a resident or citizen of an EU country, what would you do?'

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc