US Authorities Probe Alleged Theft of $40M in Seized Cryptocurrency

Investigation into Alleged Crypto Theft

The US authorities have launched an investigation into allegations of unauthorized access and theft involving over $40 million in cryptocurrency that was seized by the government. A spokesperson for the US Marshals Service confirmed that the investigation is ongoing but did not disclose specific details.

Details of the Allegation

The investigation reportedly involves John Daghita, son of Dean Daghita, who is the president of Command Services & Support (CMDSS). CMDSS was contracted by the US Marshals Service to safeguard seized digital assets. Social media claims suggest that John Daghita accessed wallets linked to the federal asset protection program, potentially diverting millions in digital assets.

Crypto investigator ZachXBT has traced a wallet associated with Daghita, containing approximately $23 million in cryptocurrency. Additionally, another wallet with 12,540 Ether, valued at around $36 million, is reportedly tied to Daghita.

"John [...] sent me 0.6767 ETH ($1.9K) of the stolen government funds from 0xd8bc to my public wallet address," ZachXBT stated in a social media post. He has committed to transferring any received stolen funds to a US government seizure address.

Response and Further Actions

The White House Crypto Council's director, Patrick Witt, acknowledged the situation in a recent social media post, indicating that he is addressing the claims made by ZachXBT.

US Government's Crypto Holdings

According to data from BitcoinTreasuries.NET, US authorities might hold up to 328,372 Bitcoin, valued at approximately $30 billion, through various seizures, including assets from the Bitfinex exchange hack.