Former FBI supervisor admits guilt in $1M crypto theft
Summary
Former FBI supervisory agent Patrick Steven Yaroch was charged with using internal systems to obtain credentials for cryptocurrency wallets linked to a foreign adversary and then moving the funds into his own crypto accounts. He admitted to 10 unauthorized transfers between late 2024 and early 2025, totaling an estimated $1 million in digital assets, including some he placed in Suilend to earn yield. After he self-reported, he was put on leave, fired, and arrested. Authorities seized devices, seed phrases, and a Trezor wallet from his Virginia home and, with his cooperation, recovered about $925,000 into government-controlled wallets. The case adds to a small number of prior federal-agent crypto theft scandals.
