Biden left the US Marshals Service so disorganized they couldn't even count their own crypto.
Now Kash Patel is cleaning up the mess – and one thief just learned there is nowhere on earth to hide.
The FBI just tracked a government contractor to a Caribbean island and arrested him with a briefcase full of cash.
John Daghita and the Inside Job That Should Have Never Been Possible
John Daghita thought he was untouchable.
His father, Dean Daghita, ran Command Services & Support – a Virginia firm holding a federal contract to manage cryptocurrency seized by the US Marshals Service.
That contract gave the family business access to government wallets holding assets from some of the most notorious criminal cases in history – including crypto seized from the 2016 Bitfinex hack.
John used that access to steal $46 million in seized cryptocurrency – digital assets that belonged to the American people.
Then he did something that only works when you think nobody is watching.
He bragged about it on Telegram.
In a recorded group chat, Daghita screen-shared a wallet holding millions in stolen funds and moved the money in real time – showing off to other criminals exactly what he had taken.
Blockchain investigator ZachXBT captured the exchange and published his findings in January, tracing at least $23 million directly to US government seizure wallets.
It handed federal prosecutors their case.
How Biden Let the US Marshals Service Lose Track of Seized Cryptocurrency
This theft didn't happen by accident.
The Department of Justice's own Inspector General warned in 2022 that the US Marshals Service had no adequate policies for cryptocurrency storage, no proper inventory management, and no reliable tracking system.
Agents were transmitting sensitive wallet addresses over unencrypted email.
By early 2025, after years of neglect, the USMS couldn't confirm how much cryptocurrency it controlled.
Senator Cynthia Lummis sent a formal letter demanding a full accounting of the agency's bitcoin holdings.
The USMS missed the response deadline and still couldn't answer.
The agency had previously sold 195,092 bitcoin between 2014 and 2023 for roughly $366 million – holdings that would be worth over $18 billion at current prices.
When CMDSS won the 2024 contract to manage harder-to-handle seized crypto, a competing firm filed a protest alleging CMDSS lacked proper financial-industry licensing and that a former USMS official with access to nonpublic information had gone to work for the company.
The Government Accountability Office dismissed the protest.
Nobody asked the obvious question: what happens when someone inside the contractor's own family decides to help himself?
Kash Patel and the FBI Tracked Him to a Caribbean Island
John Daghita ran.
He fled to Saint Martin – a French Caribbean island – apparently convinced that distance and a foreign jurisdiction would protect him.
It didn't.
FBI Director Kash Patel announced the arrest Thursday morning on X, posting photos of Daghita in handcuffs next to a metal briefcase stuffed with hundred-dollar bills, USB drives, and hardware crypto wallets.
The operation was a joint effort between the FBI and the French Gendarmerie's elite Groupe d'intervention de la Gendarmerie nationale.
That's what America First law enforcement looks like.
Patel didn't write a report.
He didn't convene a task force.
He called France, and Daghita was in cuffs the next morning.
The Lesson Democrats Won't Learn
Biden's Justice Department built the conditions for this theft – documented warnings ignored for years, no accountability, and a contract awarded to a firm with conflict-of-interest red flags that a competitor flagged before the ink was dry.
Then their contractor's son walked off with $46 million in American assets.
The US government holds an estimated 198,000 bitcoin – worth tens of billions at current prices – plus seized digital assets from criminal cases stretching back a decade.
Every dollar of that belongs to the American people.
Under Biden, it sat in spreadsheets while bureaucrats shrugged.
Under Kash Patel, you get a French elite tactical unit kicking in your door on a Caribbean island.
There is no offshore account, no deleted LinkedIn page, no island small enough – when the FBI is actually doing its job again.
John Daghita is about to find out exactly what stealing from the American people costs.
Sources:
- Anders Hagstrom, "US government contractor accused of stealing $46M arrested on small island, FBI announces," Fox News, March 5, 2026.
- Kash Patel, statement on X, FBI Director, March 5, 2026.
- "Son of contractor managing seized crypto for U.S. Marshals arrested in France over alleged $46m theft," CoinDesk, March 5, 2026.
- "Federal Contractor's Son Arrested, Charged With Stealing $46 Million From US Crypto Stockpile," Decrypt, March 5, 2026.
- "U.S. Marshals Service, Managing Billions of Seized Assets, Can't Say How Much Crypto It Holds," CoinDesk, February 2025.
- DOJ Office of the Inspector General, "Audit of the United States Marshals Service's Management of Seized Cryptocurrency," 2022.
