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A major cryptocurrency scandal has emerged in the United States, with John D’Agetta, known online as “Like,” allegedly involved in the theft of more than $40 million from addresses seized by the government.
The incident is linked to D’Agita’s father, who runs CMDSS, a Virginia-based IT company that was awarded a 2024 contract to help the US Marshals Service (USMS) manage and dispose of seized and confiscated digital assets.
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Alleged insider access allows for massive cryptocurrency theft
The theft was said to have been facilitated thanks to Dageta’s access to private cryptocurrency addresses through his father’s position at CMDSS.
While the exact mechanisms are unclear, it has been reported Blockchain researcher ZachXBT Track at least $23 million to a wallet. The wallet is directly linked to suspected thefts worth more than $90 million, which took place in 2024 and the end of 2025.
In response to the growing scandal, CMDSS deleted its X (Twitter) and LinkedIn accounts. They also scanned their website which contains employee and team information.
ZachXBT noted that Dageta remains active on Telegram, posting assets related to the theft and also interacting with public headlines related to the investigation.
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Dageta is said to have removed Quickly generate NFT usernames From his Telegram account and changed his name after the post, further complicating attempts to trace the stolen funds.
Government contracts and internal risks highlighted by the Dageta case
CMDSS is not a minor player in government IT contracting. over the years, I held on The company has active contracts with the Department of Defense and the Department of Justice. This raises concerns about the amount of sensitive information or assets that may have been accessed before the scandal emerged.
Analysts are calling for urgent audits and transparency to assess the extent of potential losses.
This incident highlights There are frequent weaknesses in custody arrangements for digital currenciesEven in the frameworks approved by the government.
Even with sophisticated surveillance, human communications and insider access can pose significant risks.
Investigators are continuing to investigate the technical and organizational aspects of the alleged theft. Reports indicate that authorities are looking into CMDSS’ operational protocols and the extent to which government contracts may have inadvertently facilitated the company’s access to valuable cryptocurrency assets.
John D’Agetta’s alleged theft represents one of the highest-profile breaches of government-administered crypto assets in recent memory.
