A former U.S. Secret Service agent received a 71-month prison sentence on Monday for diverting to his personal account over $800,000 worth of bitcoins during an investigation into online drug marketplace Silk Road. According to court filings, Shaun Bridges admitted to money laundering and obstruction of justice in San Francisco earlier this year. U.S. prosecutors had asked for a 71-month sentence, while attorneys for Bridges sought a 36-month term. Silk Road operated for more than two years until it was shut down in October 2013, generating more than $214 million in sales of drugs and other illicit goods using bitcoins. This video was produced by YT Wochit News using
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