Blockchain investigator ZachXBT has alleged that the individual accountable for a multimillion-dollar theft of cryptocurrency from US government-controlled wallets is the son of the chief govt of a agency contracted to safeguard seized digital belongings.
Key Takeaways:
- ZachXBT alleges a multimillion-dollar crypto theft from US authorities wallets is linked to the son of a federal crypto custody contractor’s CEO.
- The funds have been traced to wallets linked to belongings seized within the 2016 Bitfinex hack.
- The claims stay unproven in courtroom, and no fees have been filed as of publication.
In a sequence of posts detailing his findings, ZachXBT claimed that a person identified on-line as “Lick,” whose actual title he recognized as John Daghita, siphoned tens of tens of millions of {dollars} in crypto from wallets linked to the US authorities.
He additional alleged that Daghita is the son of Dean Daghita, president and chief govt of Command Companies & Assist (CMDSS), an organization contracted by the US Marshals Service to deal with sure seized cryptocurrencies.
CMDSS Awarded US Marshals Contract to Deal with Non-Mainstream Seized Crypto
Public data present that CMDSS, based mostly in Haymarket, Virginia, was awarded a contract in October 2024 to help the Marshals Service with the custody and disposal of so-called “Class 2–4” digital belongings.
These embody tokens that aren’t supported by main centralized exchanges and infrequently require bespoke dealing with.
The allegations haven’t been examined in courtroom, and no prison fees have been introduced. CMDSS didn’t reply to requests for remark on the time of publication.
ZachXBT’s claims broaden on an investigation he printed on Jan. 23, which linked the identical on-line persona to greater than $90 million in suspected illicit crypto exercise.
That probe traced funds again to a U.S. authorities pockets related to belongings seized from the 2016 Bitfinex hack.
The investigation gained traction after a recorded dispute in a Telegram group chat between “Lick” and one other particular person.
Replace: The CMDSS firm X account, web site, & LinkedIn have been all simply deactivated pic.twitter.com/nvN6u5XMPq
— ZachXBT (@zachxbt) January 25, 2026
The alternate, described as a “band-for-band” argument, concerned each events making an attempt to reveal management over massive crypto balances.
Through the alternate, “Lick” screen-shared an Exodus pockets displaying a Tron tackle holding roughly $2.3 million, adopted by a dwell switch of about $6.7 million in ether.
By the top of the session, roughly $23 million had been consolidated right into a single pockets.
By tracing transactions backward, ZachXBT linked that pockets to an tackle that obtained $24.9 million from a US government-controlled pockets in March 2024.
The federal government tackle was tied to funds seized within the Bitfinex case. ZachXBT had beforehand flagged uncommon exercise in October 2024, when round $20 million was drained from related authorities wallets.
Most of these funds have been returned inside 24 hours, although roughly $700,000 routed by way of immediate exchanges was not recovered.
CMDSS Contract Confronted Prior Scrutiny as GAO Rejected Protest
CMDSS’s position as a authorities contractor has drawn scrutiny earlier than.
After dropping the Marshals Service contract, Wave Digital Property filed a protest with the Authorities Accountability Workplace, arguing that CMDSS lacked correct regulatory registrations and elevating issues over potential conflicts of curiosity involving a former Marshals Service official.
The GAO in the end denied the protest.
Questions round crypto custody have additionally been raised extra broadly. A February 2025 CoinDesk report mentioned the Marshals Service struggled to account for its digital asset holdings, citing weak stock controls and an incapacity to estimate its bitcoin reserves.
As reported, illicit cryptocurrency addresses obtained a document $154 billion in 2025, a pointy enhance from the 12 months earlier than.
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