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FBI Agent Allegedly Admits to $1 Million Crypto Theft

FBI Agent Allegedly Admits to $1 Million Crypto Theft

An FBI agent has allegedly turned himself in for stealing roughly $1 million in cryptocurrency.

Patrick Steven Yaroch had contacted a Department of Justice (DOJ) employee last week and admitted to making “very poor decisions related to cryptocurrency wallets,” according to an FBI affidavit filed Monday (Aug. 4).

The filing alleges that Yaroch used FBI systems to gain access to keys necessary to move funds from crypto accounts tied to an “adversarial nation,” making around 10 transfers beginning in late 2024 or early 2025.

According to the FBI, Yaroch “immediately started to break down as he told his story” to the DOJ employee. He decided to confess “because of the shame” that was “eating him up inside,” the…

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