Secret Service Agent to Plead Guilty for Silk Road Violations
US Secret Service agent Shaun Bridges will plead guilty to charges of money laundering and fraud stemming from the investigation of Silk Road.

US Secret Service special agent Shaun Bridges will plead guilty to charges of money laundering and wire fraud stemming from the government investigation into the illicit online black market Silk Road.
Details first emerged of Bridges' alleged improper actions in March, when court documents revealed that Bridges had diverted $800,000 in digital currency to his personal bank accounts without authorization. Bridges was charged alongside Carl Mark Force IV, a Drug Enforcement Administration (DEA) agent also working on the case.
Notice of the agreement was filed in the US District Court Northern District of California on 17th June, with the formal court filing including the request that Bridges will enter his guilty pleas on 31st August or 1st September, depending on court availability.
The filing indicates that Force completed 10 wire transfers from proceeds of his illicit actions on Silk Road to bank accounts at Quantum Fidelity and PNC Bank. Nine of the wire transfers were for amounts exceeding $99,000, according to a separate 16th June filing, with the largest totaling $225,000.
As part of the agreement, the US government has moved to request that Bridges relinquish any property traceable to his illicit actions and be forced to pay "a money judgment equivalent to the amount of property" involved in the violations.
Bridges was assigned to conduct forensic computer investigations as part of an effort to locate the Silk Road servers for the Baltimore Silk Road Task Force.
A full copy of the 16th June court filing can be found below:
More For You
Protocol Research: GoPlus Security

What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Farcaster Switches to Wallet-First Strategy to Grow Its Social App

The protocol still consists of casts, follows, reactions, identities and wallets, and third-party clients are free to emphasize whichever components they want.
What to know:
- Farcaster is shifting its focus from social media to its in-app wallet and trading features to drive user engagement.
- Cofounder Dan Romero acknowledged the lack of sustainable growth in their social-first strategy over the past 4.5 years.
- The wallet's trading tools have shown the strongest product-market fit, leading to a strategic pivot towards financial use cases.










