US Marshals Investigate $40 Million Crypto Theft Case

Crypto News Regulation

US Marshals Probe $40 Million Crypto Theft Linked to Contractor’s Son

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 28, 2026

Key Takeaways

The US Marshals Service is investigating claims that over $40 million in seized cryptocurrency was taken from federal wallets;
Allegations center on John Daghita, son of CMDSS president Dean Daghita, whose firm managed government-held crypto;
Researcher ZachXBT traced wallets linked to Daghita holding millions in assets tied to confiscated government funds.

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US Marshals Probe $40 Million Crypto Theft Linked to Contractor’s Son

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The US Marshals Service has launched an investigation into reports that more than $40 million in cryptocurrency was stolen from wallets under government control.

The inquiry follows claims that John Daghita, the son of Dean Daghita, president of Command Services & Support (CMDSS), accessed and moved seized digital assets without authorization.

CMDSS had been contracted by the Marshals Service in 2024 to manage and safeguard confiscated crypto.

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Blockchain researcher ZachXBT said on January 23 that he tracked a wallet connected to Daghita holding about $23 million in digital assets.

He linked the funds to roughly $90 million worth of cryptocurrency believed to have been seized by the government during 2024 and 2025.

Later, he reported another wallet tied to the same name that contained 12,540 ETH ETH $2,994.65 , valued at around $36 million at the time.

ZachXBT also stated in a post on X on January 26, “John <...> sent me 0.6767 ETH ($1.9K) of the stolen government funds from 0xd8bc to my public wallet address. Any stolen funds received will be sent to a USG seizure address".

According to his findings, wallets linked to Daghita received about $40 million from addresses associated with government-held crypto. The investigation aims to determine whether the assets were indeed taken from seized wallets and if anyone else was involved.

On January 6, Authorities in Cambodia arrested Chen Zhi, a businessman accused of running a global cryptocurrency scam. How did the case unfold? Read the full story.