Posted without comment.
A former Federal Reserve employee was sentenced Friday to 12 months probation and a $5,000 fine after pleading guilty in October to installing unauthorized software on a computer server at the Federal Reserve,
Nicholas Berthaume, who as a communications analyst had access to computer servers at the Fed’s Board of Governors in Washington, installed software that connected to an online bitcoin network in order to earn units of the digital currency, according to a statement Monday from the central bank’s Office of Inspector General.
Berthaume also “modified certain security safeguards so that he could remotely access the server from home,” the statement said. When confronted, he tried to cover up his actions by deleting the software; eventually he was fired and admitted guilt, the office said.