ChainCatcher reports that the U.S. Marshals Service is under intense scrutiny after its managed federal cryptocurrency wallets were hacked in 2024, resulting in approximately $24.9 million being stolen. According to security researcher ZachXBT, suspect John Daghita inadvertently revealed on Telegram that he controls the stolen funds. More notably, John is believed to be the son of Dean Daghita, CEO of CMDSS, a company that secured a $4 million contract with the Marshals Service in 2024 to assist with the sale of U.S. Bitcoin reserves.
The Marshals Service stated that it is investigating the matter but has not responded regarding whether it will continue to work with CMDSS. Previously, CMDSS faced criticism from competitors when awarded the contract, who claimed the company lacked SEC credentials and had potential conflicts of interest. However, the Office of Federal Oversight ruled that the contract was appropriate.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Is Bitcoin Going to Crash Again? Why Bitcoin Everlight Is Being Framed as a Second Chance at Early Bitcoin
During what many described as a bull market in 2025, Bitcoin’s price traded at historically elevated levels. That’s mostly because leverage expanded, and the participation from institutions increased. Price predictions also picked up the pace during that time, with some analysts discussing targets w
CryptoPotato5m ago
Hyperliquid whale opens $53M Bitcoin short: Should traders take notice?
Key takeaways:
A Hyperliquid whale’s $53 million Bitcoin short and its bets against silver suggest a cautious outlook for global markets.
Traders remain on edge as the US and Israel-Iran war and upcoming US jobs data drive risk-averse behavior this week.
Bitcoin (BTC) price
Cointelegraph8m ago
Changpeng Zhao: Crypto can be upgraded to post-quantum algorithms to address the impact of quantum computing
Changpeng Zhao posted on X that upgrading cryptocurrencies to quantum-resistant algorithms can address the impact of quantum computing and that there is no need to panic. However, implementing this in a decentralized environment is difficult and could lead to disputes and forks. If Satoshi’s Bitcoin has not been moved, related addresses should be locked or destroyed to prevent hackers. Cryptocurrencies will continue to exist in the quantum age.
GateNews24m ago
Wintermute: Bitcoin price is getting ready to “make a big move”! Worst-case scenario could drop into the $60,000 range
Wintermute’s latest weekly market report shows that the ratio of trading volume between Bitcoin perpetual futures and spot markets has reached 15x. Despite market leverage being at elevated levels, there is a lack of consensus, which may signal that larger one-way swings could emerge in the future. Recently, funding rate fluctuations have fallen to low levels, and the impact of a $14 billion options expiry clearing out positions may affect the market’s defensive structure, potentially leading to a highly volatile market. Wintermute proposed two scenario analyses, emphasizing that changes in market structure will trigger significant volatility.
動區BlockTempo38m ago
**Suggested Title:**
Google warns that advancements in quantum computing may compromise cryptocurrency security sooner than expected, prompting analysts to advocate for appropriate levels of urgency.
TapChiBitcoin39m ago
