Coindesk Logo

Judge Orders Corrupt DEA Agent to Forfeit Stolen Bitcoin

Judge Orders Corrupt DEA Agent to Forfeit Stolen Bitcoin

Judge Orders Corrupt DEA Agent to Forfeit Stolen Bitcoin

Former federal agent Carl Force IV has been ordered to forfeit hundreds of bitcoins to the US government.

Former federal agent Carl Force IV has been ordered to forfeit hundreds of bitcoins to the US government.

Former federal agent Carl Force IV has been ordered to forfeit hundreds of bitcoins to the US government.

AccessTimeIconJul 13, 2015, 10:42 PM
Updated May 15, 2023, 2:15 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

A US district judge has signed a court order mandating a Drug Enforcement Agency (DEA) agent arrested in connection with the Silk Road investigation forfeit hundreds of bitcoins to the federal government.

On 9th July, US District Judge Richard Seeborg approved the preliminary order against Carl Force IV, requiring the surrender of roughly 690 bitcoins. The order will be finalized at the time of sentencing.

Force, who plead guilty to extortion, money laundering and obstruction of justice charges earlier this month after being arrested in the spring, was one of two agents accused of illegally handling bitcoins during the US government's investigation of the now-defunct dark market.

The forfeited amount includes $13,045 in bitcoin held in a BTC-e account, $17,759.06 used in connection with Engedi LLC, a cryptocurrency venture previously cited in court documents, and $65,658.51 held in an E-Trade account.

The order also approved a $500,000 money judgment against Force.

The announcement follows the news that Shaun Bridges, the Secret Service agent who allegedly stole hundreds of thousands of dollars in bitcoin during the investigation, had agreed to a plea deal with federal prosecutors.

The full court order can be found below:

Legal image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.