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FBI Agent Admits Stealing $2.47 Million in Crypto From Crime Victims and Nation-State Targets

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FBI Agent Admits Stealing $2.47 Million in Crypto From Crime Victims and Nation-State Targets

A former FBI counterintelligence supervisor pleaded guilty to wire fraud and money laundering on Thursday after admitting he stole about $2.47 million in crypto tied to federal investigations. According to his plea, Patrick Steven Yaroch, 37, of Ashburn, Virginia, drained wallets linked to subjects of criminal investigations, adversarial nation-state actors, and at least one wallet the FBI itself created for an operation. The Washington Post also reported that documents filed with his guilty plea say some of that money belonged to at least ten victims of financial crimes the bureau was investigating.

The total is more than double the roughly $1 million prosecutors highlighted when Yaroch was first charged in August. By then, he had already been asking ChatGPT where to build a new life in Europe and lining up travel to Portugal, according to court records.

Yaroch worked at the FBI Boston Division from 2017 through early 2025 on a squad focused on an adversarial nation-state, then moved into the bureau’s Counterintelligence and Espionage Division from February 2025 until his termination on July 31st of this year. That posting gave him access to FBI systems holding crypto credentials collected during investigations. Beginning no later than December 2024, he used that access to move funds out of wallets associated with various investigations.

66. After moving stolen coins, he swapped them into other crypto assets and conducted further transactions to obscure their origin. Between November 25th, 2025, and January 13th, 2026, he transferred about $93,082 into one of his accounts and shuffled money among others to cover credit cards, car payments, and other loans.


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