According to a ChainCatcher report citing CoinDesk, the U.S. Marshals Service is investigating a stolen cryptocurrency case involving over $40 million in seized assets. Blockchain investigator ZachXBT accused John "Lick" Daghita, the son of CMDSS President (a service provider for the U.S. Department of Defense and Department of Justice), of stealing the assets from a government cryptocurrency wallet managed by his father's company. ZachXBT stated that he has confirmed at least $23 million in funds to be related to approximately $90 million in cryptocurrencies seized by the government in 2024 and 2025, and he reported the case to the authorities last week. The suspect accidentally exposed the wallet address he controlled in a video recorded to show off wealth in a Telegram group chat, which ZachXBT used to trace the funds on-chain and confirm the connection. Brady McCarron, the U.S. Marshals Service's Director of Public Affairs, stated that no further comments could be made as the investigation is ongoing. Previous reports have indicated that the U.S. Marshals Service may not have a complete understanding of the exact amount of cryptocurrency assets under its control, and this incident has once again raised concerns about the transparency of government-held cryptocurrency regulation.
U.S. Marshals Investigate $40M Stolen and Seized Cryptocurrency Case Linked to the Son of a Government Contractor
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Summary
U.S. government cryptocurrency regulatory authorities are investigating a $40 million stolen cryptocurrency case linked to John "Lick" Daghita, the son of the president of CMDSS, a government contractor. Blockchain investigator ZachXBT alleges that Daghita siphoned funds from government wallets managed by his father's company. At least $23 million has been traced to $90 million in seized cryptocurrency from 2024 and 2025. The connection came to light after Daghita's wallet was exposed in a Telegram video. The U.S. Marshals Service is handling the investigation, with spokesperson Brady McCarron declining to provide further comment. The case has raised new questions about cryptocurrency news and the oversight of public cryptocurrency holdings.
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