US Government Investigating Alleged $40 Million Crypto Theft by Federal Contractor’s Son
Summary
U.S. government officials confirmed the U.S. Marshals Service (USMS) is investigating allegations that over $40 million in seized cryptocurrency was stolen via insider access. The allegations stem from blockchain investigator ZachXBT, who claimed John “Lick” Daghita, the son of Command Services & Support (CMDSS) president Dean Daghita, gained unauthorized access to government-linked crypto wallets managed by CMDSS. CMDSS is contracted by the USMS to handle the disposal of seized digital assets, including funds from high-profile cases like the 2016 Bitfinex hack. ZachXBT reported seeing Daghita flexing millions in a wallet tied to the thefts, which included approximately $23 million at one point. While some funds were reportedly returned, the incident has raised significant concerns about how the U.S. government secures its vast holdings of seized digital assets, which are estimated to be worth tens of billions of dollars.
(Source:Bitcoin Magazine)