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US Government Crypto Wallet

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Summary

The US government holds one of the largest concentrations of seized cryptocurrency in the world, accumulated through major law enforcement actions including the 2016 Bitfinex hack and the Silk Road darknet marketplace. In October 2024, a government-controlled wallet linked to Bitfinex seizure funds was drained of approximately $20 million in what was subsequently attributed to alleged insider theft by John Daghita, son of a US Marshals Service contractor, who was arrested in Saint Martin in March 2026 after a blockchain investigation by ZachXBT exposed the scheme.

Connected Entities

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US Government Crypto Wallet
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Timeline(17 events)

2 August 2016

Bitfinex exchange hacked; 119,754 Bitcoin stolen by Ilya Lichtenstein

2 October 2013

FBI shuts down Silk Road; approximately 170,000 Bitcoin seized from Ross Ulbricht and platform servers

3 November 2020

US government seizes 69,370 Bitcoin linked to Silk Road 'Individual X' hacker, then worth approximately $1 billion

8 February 2022

DOJ recovers approximately 95,000 Bitcoin from Bitfinex hack by decrypting Lichtenstein's wallet key file; Lichtenstein and Heather Morgan arrested

14 June 2022

DOJ OIG releases audit finding the USMS relied on inaccurate spreadsheets and lacked adequate policies for seized crypto management

3 August 2023

Lichtenstein and Morgan plead guilty to money laundering conspiracy

28 February 2024

US government transfers approximately $922 million in Bitcoin from Bitfinex-seized wallets; Arkham identifies wallets on-chain

October 2024

CMDSS, run by Dean Daghita, awarded USMS contract to manage and dispose of seized cryptocurrency

24 October 2024

Approximately $20 million drained from US government Ethereum wallet holding Bitfinex-seized assets; Arkham Intelligence reports incident; most funds allegedly returned after FBI outreach, roughly $700,000 permanently lost

14 November 2024

Ilya Lichtenstein sentenced to five years; Heather Morgan sentenced to 18 months

9 January 2025

Federal court authorizes US government to sell 69,370 Silk Road Bitcoin, valued at approximately $6.5 billion

23 January 2025

ZachXBT observes a recorded Telegram dispute in which handle 'Lick' demonstrates live access to wallets containing large sums linked to government seizures

25 January 2026

ZachXBT publishes investigation publicly identifying 'Lick' as the individual behind alleged $40+ million theft from USMS-linked wallets; traces funds to CMDSS contractor connection

26 January 2026

US Marshals Service confirms it is investigating allegations; CoinDesk and The Block report USMS inquiry

19 February 2026

Washington Monthly publishes investigation into USMS's reliance on spreadsheets to manage approximately $22 billion in seized crypto, citing systemic custody failures

5 March 2026

John Daghita arrested on the island of Saint Martin by French Gendarmerie elite tactical unit in coordination with FBI Washington Field Office; hardware wallets, USB drives, and US currency seized

6 March 2026

FBI Director Kash Patel announces arrest; Daghita accused of stealing more than $46 million in cryptocurrency from the USMS; ZachXBT states the arrest resulted directly from his blockchain investigation

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 22 of 24 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:28 AM

last updated: 8/30/2026, 1:16:24 AM

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