US Marshals Investigate Allegations of $40M Crypto Theft

An investigation is underway regarding claims that a federal contractor's son stole millions in government-seized cryptocurrency.

The US Marshals Service has confirmed that it is investigating allegations involving the theft of over $40 million in cryptocurrency, reportedly linked to the son of a federal contractor responsible for safeguarding these digital assets.

Investigation Details

A spokesperson for the US Marshals Service stated that “the matter is under investigation,” but did not provide further details. The inquiry centers on claims that John Daghita, son of Dean Daghita, president of Command Services & Support (CMDSS), accessed government-managed wallets without authorization.

Crypto Sleuth’s Findings

Crypto investigator ZachXBT reported that he traced a wallet associated with Daghita, which contained approximately $23 million in cryptocurrency. This wallet is believed to be part of a larger pool of assets, potentially amounting to $90 million, seized by the government in 2024 and 2025. ZachXBT also identified another wallet holding 12,540 Ether (ETH), valued at around $36 million at the time of the report.

Government Response

ZachXBT claimed that Daghita transferred 0.6767 ETH (approximately $1,900) of the allegedly stolen funds to his public wallet address, stating that any received stolen funds would be redirected to a government seizure address. The investigation has drawn attention from Patrick Witt, director of the White House Crypto Council, who acknowledged the situation in a post on social media.

US Government’s Crypto Holdings

As the investigation unfolds, it is noteworthy that the US government may hold around 328,372 Bitcoin (BTC) from various seizures, including assets from the hack of the crypto exchange Bitfinex. If verified, these assets could be valued at approximately $30 billion at the current market rate.

This article was produced by NeonPulse.today using human and AI-assisted editorial processes, based on publicly available information. Content may be edited for clarity and style.

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