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Son of contractor managing seized crypto for U.S. Marshals arrested in France over alleged $46m theft

CoinDesk
John Daghita, son of a government contractor, was arrested in France for allegedly stealing over $46 million in seized cryptocurrency.

Summary

John “Lick” Daghita was arrested in Saint Martin following a joint operation between the FBI and French Gendarmerie, stemming from allegations that he stole tens of millions of dollars in cryptocurrency from government seizure wallets. These wallets were managed by his father's company, CMDSS, a Virginia-based contractor that supports U.S. government agencies, including the U.S. Marshals Service (USMS), with managing seized crypto assets. The investigation began after blockchain investigator ZachXBT publicly alleged Daghita had siphoned assets, identifying a wallet holding approximately 12,540 ETH, valued at over $36 million at the time, as being controlled by him. FBI Director Kash Patel confirmed the arrest and emphasized international cooperation in bringing those who defraud taxpayers to justice. U.S. authorities are expected to seek Daghita's extradition as the investigation continues.

(Source:CoinDesk)