Well known blockchain sleuth, ZachXBT, alleges a custody CEO’s son stole tens of millions in crypto from US government?linked wallets tied to Bitfinex funds, exposing systemic custody risks.

In a detailed thread “documenting [his] findings,” ZachXBT claimed that an online figure known as “Lick,” identified as John Daghita, “siphoned tens of millions of dollars in crypto from wallets linked to the US government.”?

He further alleged that Daghita is the son of Dean Daghita, president and chief executive of Command Services & Support (CMDSS), a Virginia?based firm contracted by the U.S. Marshals Service to safeguard seized digital assets classified as “Class 2–4” tokens that require bespoke custody solutions.?

For now, there have been no public arrests or DOJ confirmations, but the onchain evidence has been making rounds across the Internet. Law enforcement could eventually intervene.

https://www.zerohedge.com/crypto/son-us-govt-crypto-custodian-allegedly-steals-40-million

 

A classic case of young male testosterone “mine is bigger than yours” leading to the outing of a potential scam that no one would ever have figured out otherwise!! Innocnt until proven guilty — isn’t that the phrase?