Crypto: Ex-FBI agent dipped into at least 79 wallets linked to investigations

What Patrick Steven Yaroch will have to return. The former FBI agent, who pleaded guilty on November 5 to stealing approximately $2.47 million in cryptocurrencies, has pledged to pay at least $2.4 million in restitution. The court documents also detail the extent of the misappropriations: at least 79 wallets were affected, some of which belonged to victims of crimes.

Patrick Yaroch agreed to pay at least $2.4 million in restitution.

The agreement also provides for the confiscation of approximately 1.38 million SUI, nearly 18,000 USDC and the contents of several accounts.

The former agent made around 100 transfers from at least 79 wallets linked to 35 FBI investigations.

Any revenue he might earn from a book, film, or interview on the case goes to the U.S. government.

According to the clauses of the agreement reported by the press, the defendant also accepts a confiscation measure of at least $2.4 million. It targets in particular SUI and USDC seized on July 31, as well as assets held at TD Bank, Charles Schwab and on the Kraken and BloFin platforms. The former agent admitted that part of the proceeds from the thefts were no longer available.

The agreement extends to possible income from books, films, articles or interviews relating to the case or his work at the FBI. Patrick Yaroch undertakes to repay these sums to the American government and to submit the content concerned to the FBI before publication.

He used access data stored in FBI systems to embezzle funds related to 35 investigations. Most of the wallets belonged to people targeted by these investigations. The documents also mention portfolios controlled by two foreign states considered adversaries, without naming them.

However, at least ten transfers targeted wallets belonging to crime victims. Yaroch also took funds from at least one wallet that the FBI had funded for an operation. The amounts embezzled ranged from 81 cents to more than $580,000 per transfer.