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NewsCryptocurrencies

US Government Bitcoin, Crypto Theft Allegation Emerges Involving CEO’s Son

NewsBTCJan 26, 2026 8:50 PM

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A new controversy has surfaced around Bitcoin (BTC) and other crypto assets held by the US government, following allegations raised by blockchain investigator ZachXBT.

Controlling Millions In Stolen Government Crypto

In a series of posts on social media platform X (previously Twitter), ZachXBT accused John “Lick” Daghita of stealing millions of dollars’ worth of seized digital assets from wallets linked to the US government.

John Daghita is the son of Dean Daghita, the president of CMDSS, a firm that publicly states it provides critical services to the US Department of Justice (DOJ) and the Department of Defense.

According to the investigation, the alleged theft came to light after a young hacker was provoked during a heated “band for band” argument on social media app Telegram.

During the exchange, which was fully recorded, the individual reportedly began screen-sharing his cryptocurrency wallets while boasting about his holdings. Those wallets were later traced to more than $40 million in seized crypto assets that belonged to the US government.

ZachXBT’s findings go further, claiming that the individual known online as “John (Lick)” was observed controlling wallets tied to more than $90 million in suspected illicit funds. Among those assets were cryptocurrencies linked to US government seizure addresses associated with the Bitfinex hack.

In the recordings reviewed by the investigator, John is seen actively managing multiple wallet addresses while millions of dollars’ worth of Ethereum (ETH) and Tron (TRX) were moved in real time, strongly suggesting direct control over the funds.

CMDSS Goes Dark, Suspect Alters Online Identities

Shortly after the allegations were made public, CMDSS appeared to remove its digital footprint. The company scrubbed its website, X account, and LinkedIn page.

Around the same time, John reportedly began changing his online usernames and deleting non-fungible token (NFT)-related handles from Telegram.

Despite these efforts, ZachXBT noted that John continued to taunt investigators and even sent him a small amount of ETH from one of the flagged wallets.

ZachXBT stated that he plans to return those funds directly to a US government seizure address, underscoring his position that the assets belong to the government.

Featured image from OpenArt, chart from TradingView.com

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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