TechFlow news: On February 6, according to Fortune, the U.S. Marshals Service is under intense scrutiny after approximately $24.9 million worth of cryptocurrency was stolen from a federal crypto wallet it managed in 2024. Security researcher ZachXBT reported that suspect John Daghita inadvertently revealed on Telegram that he controlled the stolen funds. More notably, John is allegedly the son of Dean Daghita, CEO of CMDSS—a company that received a $4 million contract from the Marshals Service in 2024 to assist with cryptocurrency sales for the U.S. Bitcoin Reserve.
The Marshals Service stated it is investigating the incident but has not yet responded regarding whether it will continue working with CMDSS. Previously, competitors had challenged CMDSS’s award of the contract, claiming the company lacked SEC qualifications and posed a conflict of interest; however, the Government Accountability Office ruled the contract was appropriate.
