US EditionEx-Cop Gets 5 Years for Stealing Bitcoins He Helped Seize From Silk Road
UNITED KINGDOM, JUL 16 – Paul Chowles exploited his role to steal 50 Bitcoin worth over £4.4 million today, laundering funds through mixing services and converting £144,000 for personal expenses, court heard.
- On Wednesday, Paul Chowles was sentenced to five-and-a-half years in prison, by Liverpool Crown Court.
- During the Silk Road 2.0 investigation, the NCA and FBI seized 97 Bitcoin from Thomas White, as part of the digital investigation team.
- The stolen funds were routed through Bitcoin Fog mixing service, prosecutors said, then spent about £144,580, according to CPS calculations.
- The NCA said its anti-corruption unit fully supported the probe, while Chowles was dismissed this month for gross misconduct.
- At sentencing, police noted the stolen Bitcoin are now worth over £4.4 million, highlighting challenges in tracking digital assets.
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NCA officer jailed for swiping Bitcoin now worth £4,300,000 from Dark Web suspec
FILE PHOTO: Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo (Credits: REUTERS) A National Crime Agency (NCA) officer who stole Bitcoin from a hacker’s USB stick has been jailed. Paul Chowles, 42, was investigating university drop-out Thomas White, from Liverpool, the ‘guiding mind’ behind running the Silk Road, an online black market for illegal drugs…
·London, United Kingdom
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Ex-UK National Crime Agency officer jailed for stealing bitcoin from dark web drug dealer
LONDON - An officer with Britain's National Crime Agency who stole cryptocurrency from the operator of an illegal dark web marketplace was jailed on Wednesday for 5-1/2 years. Read more at straitstimes.com.
·Singapore
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Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
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50% Center
L 33%
C 50%
R 17%
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