Former NCA investigator ordered to repay £1.8107 million over 50 stolen Bitcoin

  • Paul Chowles was ordered to repay £1,810,678.93 after stealing 50 Bitcoin during an NCA investigation.
  • Thirty Bitcoin were recovered and included in the confiscation order valued at £1.81 million.
  • Chowles received a five-year-six-month prison sentence after pleading guilty to theft and money laundering.

Former National Crime Agency investigator Paul Chowles, 44, was ordered to pay £1,810,678.93 after stealing 50 Bitcoin from assets seized during the investigation of Silk Road 2.0 operator Thomas White. The Bitcoin was worth about £60,000 when Chowles moved it in 2017, but its appreciated value drove the seven-figure confiscation order. Chowles routed the coins through Bitcoin Fog, while 30 BTC were recovered and the remaining holdings were converted or dispersed. He was jailed for five years and six months in July 2025 after admitting theft, transferring criminal property and concealing criminal property, and was dismissed from the NCA on July 11, 2025. A compensation order for White will be applied to his outstanding confiscation total. The case adds Chowles to a group of investigators connected to Silk Road cases who were convicted of stealing Bitcoin under their control.

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