TLDR
- The US Marshals Service has confirmed an investigation into a $40 million crypto theft involving a federal contractor’s son.
- John Daghita, son of CMDSS president Dean Daghita, is accused of stealing cryptocurrency from government-seized assets.
- Crypto sleuth ZachXBT traced wallets containing $23 million and $36 million in digital assets linked to Daghita.
- The US Marshals Service is responsible for overseeing the custody of seized assets, including cryptocurrency.
- Authorities are working to trace the full extent of the stolen assets and recover the funds tied to the theft.
US authorities have confirmed they are investigating allegations that the son of a federal contractor stole over $40 million in cryptocurrency. The investigation centers on John Daghita, whose father, Dean Daghita, heads Command Services & Support (CMDSS). The firm had been awarded a contract by the US Marshals Service to manage seized digital assets, which are now reportedly tied to the theft.
Investigation Targets John Daghita’s Alleged Role
The investigation into the crypto theft stems from claims made on social media. ZachXBT, a well-known crypto sleuth, traced a wallet containing approximately $23 million linked to John Daghita. The wallet reportedly received assets tied to seized government funds from 2024 and 2025. ZachXBT later reported that another wallet, holding 12,540 Ether (ETH), worth roughly $36 million, was also tied to Daghita.
“John sent me 0.6767 ETH ($1.9K) of the stolen funds from 0xd8bc to my public wallet,” ZachXBT wrote in a post. He added that any stolen funds would be sent to a government seizure address. This trace suggests that Daghita gained unauthorized access to digital wallets under the federal asset protection program.
US Marshals Service Acknowledges Investigation
A spokesperson for the US Marshals Service confirmed that an investigation is underway. However, they declined to provide additional details or comment further on the case. The US Marshals are responsible for overseeing the management of seized assets, including cryptocurrency, as part of federal asset forfeiture programs.
Patrick Witt, director of the White House Crypto Council, also acknowledged the situation on social media. He confirmed he was following the matter closely after ZachXBT’s claims. This development has attracted significant attention from both the crypto community and government officials.
Stolen Assets Tied to US Government Seizures
According to data from BitcoinTreasuries.NET, the US government holds substantial crypto holdings. These include 328,372 Bitcoin, valued at around $30 billion. Many of these assets come from high-profile seizures, including the hack of crypto exchange Bitfinex.
John Daghita’s alleged involvement has raised questions about the security measures surrounding seized digital assets. Authorities are now working to trace the full extent of the theft and recover the funds. The ongoing investigation will likely uncover more details in the coming weeks.
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