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ZachXBT claims that John Daghita, son of a CEO of a federal crypto-custody contractor, stole tens of millions in crypto from US government-linked wallets tied to Bitfinex funds, highlighting systemic custody risks. Traces show $24.9m leaving a US-controlled wallet in March 2024, with earlier activity tied to over $90m in illicit flows. The case raises concerns about federal crypto custody controls despite current market focus on macro drivers.
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