BEARISH 📉 : Allegations surface of US government crypto theft by CEO’s son

A controversy has arisen concerning Bitcoin (BTC) and other cryptocurrencies held by the US government, following allegations from blockchain investigator ZachXBT.

Allegations of Stolen Government Crypto

  • ZachXBT accused John “Lick” Daghita of stealing millions in seized digital assets from US government-linked wallets.
  • John is the son of Dean Daghita, president of CMDSS, a firm providing services to the DOJ and Department of Defense.
  • The alleged theft was revealed after a hacker shared cryptocurrency wallet details during a Telegram argument, boasting about holdings linked to $40 million in seized government crypto.
  • ZachXBT claims John controlled wallets containing over $90 million in suspected illicit funds, including assets from the Bitfinex hack.
  • Recordings show John managing wallets and moving Ethereum (ETH) and Tron (TRX) in real-time, indicating control over the funds.

CMDSS and Online Activities

  • Following the allegations, CMDSS removed its online presence, deleting its website and social media accounts.
  • John altered his online identities and removed NFT-related handles from Telegram.
  • Despite these actions, he continued taunting investigators and sent ETH to ZachXBT from a flagged wallet.
  • ZachXBT intends to return the ETH to a government seizure address, asserting it belongs to the government.

Crypto