Son of U.S. Contractor Accused of $40 Million Cryptocurrency Theft

John Daghita, the son of a head of a U.S. government contractor, faces allegations of stealing over $40 million in cryptocurrency from wallets linked to government seizures. According to NS3.AI, the theft was facilitated through insider access at CMDSS, an IT firm with federal contracts responsible for managing seized digital assets. This incident highlights significant concerns regarding insider threats and the management of government-held cryptocurrency assets as investigations continue.