Son of U.S. government contractor, accused of stealing millions in seized crypto, arrested in France

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Son of U.S. government contractor, accused of stealing millions in seized crypto, arrested in France John “Lick” Daghita was arrested in a joint FBI-France operation after allegations he siphoned tens of millions of dollars in crypto from government seizure wallets managed by his father’s company. By Olivier Acuna | Edited by Nikhilesh De Mar 5, 2026, 5:11 p.m. Make us preferred on Google FBI Director Kash Patel announced the arrest of John Daghita, the individual who stole millions of dollars worth of government-seized crypto from his father. FBI (Credit: David Trinks on Unsplash/Modified by CoinDesk) What to know : French and U.S. authorities arrested John "Lick" Daghita on the island of Saint Martin on Wednesday, alleging he stole tens of millions of dollars in cryptocurrency from the U.S. government. The arrest follows a monthslong U.S. Marshals Service investigation into claims that Daghita, whose father runs a government contractor managing seized crypto, diverted more than $46 million from government seizure wallets. The probe began after blockchain investigator ZachXBT alleged that Daghita controlled a wallet holding roughly 12,540 ETH, and U.S. officials are now expected to seek his extradition as the case moves forward. French authorities arrested John "Lick" Daghita, who allegedly stole tens of millions in crypto from the U.S. government. In an X post on Thursday , FBI Director Kash Patel confirmed Daghita had been arrested on Wednesday on the island of Saint Martin in a joint FBI and French Gendarmerie operation. In his social media post, Patel included images of Daghita handcuffed and another one of a metal suitcase filled with packs of $100 bills and several USB and what appear to be hardware crypto wallets. “[The] FBI will continue working 24/7 with our international partners to track down, apprehend, and bring to justice those who attempt to defraud American taxpayers, no matter where they try to hide,” Patel said. The arrest caps off a monthslong investigation by the U.S. Marshals Service into whether Daghita, the son of a government contractor tasked with managing seized crypto funds, stole over $46 million from government seizure wallets. Brady McCarron, chief of public affairs for the USMS, told CoinDesk in late January that an investigation into allegations that Daghita had stolen cryptocurrency were underway. The law enforcement investigation began after blockchain sleuth ZachXBT publicly alleged that Daghita, the son of CMDSS president Dean Daghita, had siphoned tens of millions of dollars in digital assets from wallets associated with U.S. government seizures. CMDSS is a Virginia-based contractor that advertises information technology and operational support services for U.S. government agencies, including the Department of Justice and Department of Defense. The company has previously been reported to hold contracts assisting the USMS with managing and disposing of cryptocurrency seized during criminal investigations. The investigator said he alerted authorities after identifying a wallet holding roughly 12,540 ETH, worth more than $36 million at the time, that he alleged was controlled by Daghita. Daghita first drew attention in online circles after appearing in a recorded dispute in a Telegram group chat with another alleged threat actor in what is known as a “band for band” exchange, where participants attempt to prove control of large crypto holdings. With Daghita now in custody, U.S. authorities are expected to pursue extradition as the investigation continues. U.S. Marshals seized crypto Federal bureau of investigation More For You Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race By CoinDesk Research Feb 27, 2026 Commissioned by Pudgy Penguins CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events. 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