Carl Mark Force IV, the DEA agent accused of stealing nearly $1m-worth of bitcoin during an investigation into the Silk Road, has reportedly struck a plea deal with prosecutors.
As well as stealing bitcoins from Silk Road's wallets and transferring over $200,000 in fiat to a personal account in Panama, Force is accused of committing several questionable acts against other companies and bitcoin users unrelated to the Silk Road case.
When payments startup Venmo froze his accounts for suspicious transactions, Force allegedly sent the company a fake subpoena, embarking on a personal campaign to have the company investigated and its accounts seized.
He is also accused of 'flashing his badge' at popular exchange Bitstamp when that company flagged his account for suspicious activity. It was said that this pattern of behavior eventually became Force's undoing, as the companies reported it to his superiors.
Government kept allegations secret
That fact that two federal agents involved with the Silk Road case had been arrested and charged with crimes resulting from their investigation was not revealed until after the trial of Ross Ulbricht, who was found guilty of masterminding the project.
Ulbricht's team filed an appeal against both the sentence and conviction on 5th June. He also faces a murder-for-hire charge separate to the main case, which was part of Bridges' and Force's Baltimore investigation.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.