Patrick Steven Yaroch, a former FBI agent, pleaded guilty on November 5 to wire fraud and money laundering for stealing approximately $2.47 million in cryptocurrency. He made around 100 transfers from at least 79 wallets linked to 35 investigations, including wallets belonging to victims of crimes. His plea agreement provides for at least $2.4 million in restitution and the forfeiture of approximately 1.38 million SUI, nearly 18,000 USDC, and funds held by several financial institutions and platforms. He must also surrender to the U.S. government any proceeds from a book, film, articles, or interviews about the case. His sentencing hearing is scheduled for March 4.
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