THE United States government has a seized cryptocurrency hoard totalling 328,372 BTC, valued at about $29.2 billion at current market rates, with these assets typically entrusted to custodians designated by the U.S. Marshals Service. According to ZachXBT, a wallet tied to assets seized between 2024 and 2025 originally valued near $90 million has been linked to CMDSS (Command Management Services and Support), a federal contractor, and specifically to John Daghita, the son of the company’s president.
Daghita’s wallet is said to hold roughly $23 million, with another repository belonging to him containing about $36 million in Ethereum, both allegedly siphoned from federal coffers. This is described as an apparent inside job or embezzlement of entrusted property, with the wallet holder identified after Daghita allegedly showcased his wealth on Telegram. The U.S. Marshals Service confirms an investigation is underway, though a definitive summary or confirmation of theft has not yet been released. CMDSS is said to have secured the custodial contract in 2024, and the firm is led by Dean Daghita.