UK officer jailed for 50 Bitcoin theft during Silk Road 2.0 probe
The UK has jailed a former National Crime Agency officer who stole and spent Bitcoin seized from Silk Road 2.0 co-founder Thomas White.
A former officer of the National Crime Agency has been sentenced to prison for stealing 50 Bitcoin — now worth $5.9 million — seized from the co-founder of the defunct online black market Silk Road 2.0.
The Crown Prosecution Service said on Wednesday that Paul Chowles, an ex-operational officer with the National Crime Agency who was part of a team investigating Silk Road and Silk Road 2.0, was sentenced to five-and-a-half years’ imprisonment for stealing 50 Bitcoin (BTC).
In May, Chowles pleaded guilty to charges of theft, transferring criminal property, and concealing criminal property.