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The Finance Base
crypto theft

$46M Crypto Theft Allegation: US Marshals Suspect Arrested on Saint Martin

John Daghita was arrested on Saint Martin after the FBI alleged he stole more than $46 million in cryptocurrency from the U.S. Marshals Service. The arrest is not a conviction, and the reported access method remains unclear.

By TheFinanceBase Team 2 min read

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John Daghita was arrested on Saint Martin on March 4, 2026, after FBI Director Kash Patel announced a joint FBI–French Gendarmerie operation the following day. Patel alleges Daghita stole more than $46 million in cryptocurrency from the U.S. Marshals Service (USMS). That is an allegation, not a proven loss or finding of guilt.

What was announced about the arrest?

In a March 5, 2026 statement quoted by CBS News, Patel said: “Last night, John Daghita – a U.S. government contractor who allegedly stole more than $46 million in cryptocurrency from the U.S Marshals Service – was arrested on the island of Saint Martin by the French Gendarmerie’s premier elite tactical unit in a joint operation with the FBI,”

The arrest was reported as taking place the previous night, March 4. Saint Martin is a Caribbean island divided between French and Dutch jurisdictions; the announcement specifies Saint Martin and French Gendarmerie involvement. The public allegation identifies the USMS as the victim, an agency that holds cryptocurrency seized by law enforcement.

What is known about the alleged theft—and what is not?

The figure of more than $46 million is the amount Patel alleged, not a court-established loss figure. CBS News reported that it was unclear how Daghita allegedly accessed the cryptocurrency. The reviewed coverage does not establish a wallet exploit, stolen credentials, an insider mechanism, or a confirmed security failure.

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Why is a government contractor mentioned?

Reporting ties the case to Command Services & Support (CMDSS), headed by Dean Daghita. The Register reported that CMDSS held a 2024 USMS contract involving management of some seized cryptocurrency. The descriptions of John Daghita’s relationship to that contractor differ: Patel called him a government contractor, while blockchain investigator ZachXBT described him as the contractor’s son. The available reporting does not settle his precise job or access rights, and it does not establish that his father knew of or participated in the alleged conduct.

What did the blockchain investigator claim?

Before the arrest announcement, blockchain investigator ZachXBT publicly connected a person using the online name “Lick” to funds in wallets associated with government-seized cryptocurrency, according to The Register. That is the investigator’s tracing allegation, not an official finding established by the sources reviewed. Coverage also linked some funds to cryptocurrency seized in connection with the 2016 Bitfinex hack; that connection should likewise be understood as reporting about the tracing claims, not a court-established fact.

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Does an arrest mean Daghita was charged or convicted?

No. An arrest is not a conviction, and it does not by itself establish guilt. The cited reports announce an arrest but do not establish later charges, a plea, trial, or case disposition. No subsequent court status is established in those reports.

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