U.S. authorities are investigating a potential breach of government-controlled digital-asset wallets, following allegations of a $90 million crypto theft. The probe gained attention after blockchain investigator ZachXBT accused John “Lick” Daghita, son of a contractor working with the DOJ and Defense Department, of controlling wallets containing illicit funds—including assets tied to seized government wallets from the Bitfinex hack. The case emerged from a social media dispute where a hacker inadvertently revealed holdings later traced to $40M in government-seized crypto. Meanwhile, crypto-focused PAC Fairshake raised $193M ahead of midterm elections, as lawmakers debate new crypto regulations.

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