Fnalysis Fnalysis. Espionage With a Cut

An FBI agent turned himself in for stealing a million dollars in crypto, using the FBI's own access

Patrick Steven Yaroch, a supervisory special agent in the FBI's counterintelligence and espionage division, contacted the Department of Justice himself to confess to what his own affidavit describes as "very poor decisions related to cryptocurrency wallets." During a November 2024 investigation he discovered crypto accounts tied to an adversarial nation, and according to charges filed on August 4, 2026, he used the access his FBI position gave him to move the funds in about ten transfers between late 2024 and 2025.

According to the filing, Yaroch grew frustrated that the FBI "could not or would not act" against those accounts, so he decided to act on his own. He ended up confessing because, in his own words in the affidavit, "the shame was eating him up inside." A counterintelligence agent watching the enemy's money, and keeping a cut, with the FBI's own seal attached.

Source: CoinDesk →

Counterintelligence, against himself.

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