PANews reported on January 27th that, according to CoinDesk, the U.S. Marshals Service is investigating a theft of over $40 million in seized cryptocurrency. Blockchain investigator ZachXBT alleges that John “Lick” Daghita, son of the president of CMDSS, a service provider for the Department of Defense and the Department of Justice, stole these assets from a government crypto wallet managed by his father's company. ZachXBT stated that he has confirmed at least $23 million in funds related to approximately $90 million in cryptocurrency seized by the government in 2024 and 2025, and reported the matter to authorities last week. The suspect inadvertently revealed the wallet address he controlled by recording a video in a Telegram group chat to flaunt his wealth, and ZachXBT confirmed the connection of the funds through on-chain tracing.

Brady McCarron, public affairs director for the U.S. Marshals Service, said he could not comment further as the investigation is ongoing. Previous reports indicated that the U.S. Marshals Service may not be fully aware of the exact amount of crypto assets it controls, and this incident has once again raised concerns about the transparency of government oversight of cryptocurrency holdings.