Contractor’s son arrested for $46M crypto theft
John Daghita was arrested for allegedly stealing $46M in crypto from U.S. Marshals, exposing major security flaws in government digital asset management.
John Daghita, son of a government contractor, was arrested on the Caribbean island of Saint Martin in a joint operation by the FBI and French authorities. He is accused of stealing over $46 million in cryptocurrency from the U.S. Marshals Service by exploiting access through CMDSS, a company managed by his father. The investigation began after blockchain analyst ZachXBT linked Daghita to suspicious transfers of government-seized crypto, including assets from the 2016 Bitfinex hack. Authorities traced the funds through complex blockchain transactions, uncovering attempts to launder and conceal the assets. Daghita was found with cash, hard drives, and security keys. The case has raised concerns about the security and oversight of government-held digital assets and is considered one of the largest thefts of its kind. Extradition proceedings are ongoing as U.S. authorities seek to charge Daghita with wire fraud and money laundering.