Insider Son Steals $40 Million in Crypto-Is the Government Hiring the Wrong People?

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Well, hold onto your wallets, folks! It seems we have a crypto scandal brewing that’s juicier than a ripe peach in July. Meet John Daghita, affectionately known as “Lick” (and no, I’m not making this up), who’s allegedly stolen over $40 million from government seizure addresses.

This little escapade is tied to his father, the big cheese at CMDSS, a Virginia-based IT firm that apparently has been entrusted with assisting the US Marshals Service (USMS) in managing those oh-so-sought-after seized crypto assets. Because who wouldn’t trust a company run by your dad?

Insider Access: The Secret Sauce to a Massive Government Crypto Heist

Now, it appears that our dear Lick had a bit of an inside track on those private crypto addresses, courtesy of his father’s cushy position at CMDSS. How convenient!

While the specifics sound like they were pulled from a bad detective novel, blockchain whiz ZachXBT traced at least $23 million to a wallet that’s directly linked to thefts totaling over $90 million. It’s like a game of Monopoly gone horribly wrong, only with real money and fewer mustaches.

In what can only be described as a classic case of “hide and seek,” CMDSS has swiftly deleted its X (formerly known as Twitter) and LinkedIn accounts, even going so far as to scrub their website of employee information. Nothing says “we’re innocent” quite like a digital disappearing act!

Update: The CMDSS company X account, website, & LinkedIn were all just deactivated

– ZachXBT (@zachxbt) January 25, 2026

Meanwhile, Lick remains as active as ever on Telegram, casually flaunting assets tied to the alleged heist like they’re trophies from a particularly fruitful day at the flea market. He’s like that kid in class who doesn’t know when to stop showing off his new sneakers.

1/ Meet the threat actor John (Lick), who was caught flexing $23M in a wallet address directly tied to $90M+ in suspected thefts from the US Government in 2024 and multiple other unidentified victims from Nov 2025 to Dec 2025.

– ZachXBT (@zachxbt) January 23, 2026

In a stunning display of foresight, Daghita quickly erased NFT usernames from his Telegram account and changed his screen name posthaste, as if that would do anything to complicate the traceability of the stolen funds. How clever!

Government Contracts: When Family Connections Go Awry

Let’s not kid ourselves; CMDSS isn’t some fly-by-night operation. They’ve been playing in the big leagues, holding contracts with the Department of Defense and the Department of Justice. So, you can see why people might be a tad concerned about how much sensitive information or assets Lick might have had access to before things went south.

Analysts are now sounding the alarm, calling for audits and transparency. It’s like trying to find a needle in a haystack, but you know, with millions of dollars at stake.

Another massive crypto scandal is coming to light, this time involving a man named John Daghita.

John’s father owns a company called CMDSS, based in Virginia. In October 2024, under the Biden administration, the U.S. government awarded the firm a major contract to assist the…

– Jacob King (@JacobKinge) January 25, 2026

This whole fiasco underscores a recurring theme in crypto custody arrangements, even those blessed by the government itself. Who would have thought that human connections and insider access could lead to such drama?

Investigators are still digging through the mess, examining not just the technical side of things but also CMDSS’s operational protocols. They’re looking to see if the firm’s government contracts unwittingly opened the door to some serious crypto mischief.

In short, John Daghita’s alleged theft stands as one of the most high-profile breaches of government-managed crypto assets in recent memory-proof that sometimes, it really is who you know.

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2026-01-26 01:45