Man Accused of Stealing $40M Gov Crypto Launches His Own Meme Coin

John Daghita, linked to a $40M US government crypto theft, launched the $LICK token on Pump.fun and holds 40% of its supply.

John Daghita, known online as “Lick,” has been linked to the alleged theft of more than $40 million from U.S. government-controlled cryptocurrency wallets. 

Shortly after public exposure, he launched a meme coin called $LICK on Pump.fun and began promoting it through Telegram livestreams. On-chain data shows he controls about 40% of the token supply.

Alleged Theft From Government Seizure Wallets

Blockchain investigator ZachXBT linked several wallets controlled by Daghita to U.S. government seizure addresses. According to ZachXBT, one wallet received $24.9M from Bitfinex seizure assets, with total inflows linked to John Daghita exceeding $90M.

The wallets were identified during a livestreamed “band-for-band” dispute on Telegram. This practice involves moving funds live to show ownership. 

During a screen share, wallet activity appeared in real time. ZachXBT later stated the addresses matched known government-controlled wallets.

Daghita later sent 0.6767 ETH from one wallet to ZachXBT’s public address. The transaction was interpreted as a taunt. ZachXBT described the move as confirmation of wallet control and attribution.

Connection to USMS Crypto Management Contract

Daghita is the son of the chief executive officer of Command Services & Support, also known as CMDSS. Public records show CMDSS held a contract with the U.S. Marshals Service. The contract involved assistance with managing and disposing of seized and forfeited digital assets.

The U.S. Marshals Service has not disclosed technical details of the contract. It also has not explained how private access controls were structured. 

Officials stated that an internal review is underway and that law enforcement agencies are involved.

It remains unclear how Daghita obtained access to the wallets. No public evidence confirms direct involvement by CMDSS in the transfers. CMDSS has since taken its website and social media pages offline.

Related Reading: $40M Seized Crypto Breach: How a U.S. Contractor’s Son Was Involved

$LICK Token Launch and Ongoing Investigation

After the allegations became public, Daghita launched the $LICK token on Pump.fun. According to Bubblemaps, blockchain data shows John Daghita holds about 40% of the $LICK token supply and promoted it during Telegram livestreams.

Following exposure, Daghita reportedly deleted several online accounts. Archived posts and transaction records remain visible on public blockchains. These records continue to be reviewed by independent analysts.

The U.S. Marshals Service confirmed an active investigation. 

The President’s Council of Advisors for Digital Assets also acknowledged awareness of the matter. No criminal charges have been announced at this time, and Daghita has not issued a public statement addressing the allegations.

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