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Ex-NCA officer who worked on Silk Road operation ordered to repay £1.8M for stealing seized Bitcoin

Paul Chowles helped himself to 50 coins while examining devices linked to Silk Road 2.0

Ex-NCA officer who worked on Silk Road operation ordered to repay £1.8M for stealing seized Bitcoin

Paul Chowles, a former National Crime Agency officer who was involved in the investigation into the Silk Road 2.0 operation, has been ordered to repay over £1.8 million for stealing 50 Bitcoin seized from convicted Silk Road 2.0 administrator Thomas White. In 2017, Chowles took control of 50 Bitcoin from White's retirement wallet and divided them into smaller amounts, routing them through a Bitcoin mixing service.

By the time of his sentencing in 2025, the value of the 50 Bitcoin had risen significantly, resulting in a confiscation order of £1,970,759.27.

Written by urgent.news from The Register Science's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

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