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Former FBI agent accused of taking nearly $1 million in crypto from monitored accounts
FBI
2026-08-04 11:00:38

Former FBI agent charged after alleged theft of nearly $1 million in crypto tied to espionage case

A former Federal Bureau of Investigation counterintelligence agent, Patrick Steven Yaroch, has been charged after allegedly stealing nearly $1 million in cryptocurrency from wallets linked to a case he worked on, according to case materials cited by Foresight News. Yaroch, 41, was arrested on July 31 at his home in Ashburn, Virginia, and faces federal charges of transporting stolen goods across state lines and receiving stolen property. The FBI said it has recovered about $925,000. Investigators said Yaroch accessed wallet recovery phrases tied to hostile foreign targets while handling a counterintelligence matter in November 2024, memorized them, created his own wallet, and moved funds into an account under his control in roughly 10 to 12 transfers. The affidavit said he later mixed the money with his own investment gains and claimed he could not state the precise amount, except that it was under $1 million. The case took a strange turn when Yaroch reportedly approached Justice Department and FBI personnel on his own days before his arrest, saying he had made a terrible decision involving a crypto wallet. Investigators also recovered phone records showing he had asked ChatGPT about retiring before age 40 on $1 million, moving to Europe, and living at a vineyard in Italy or Portugal. The affidavit further traced funds to Kraken and the Sui-based lending protocol Suilend.

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Former FBI agent charged after alleged theft of nearly $1 million in crypto tied to espionage case
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