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PANews, January 27 — According to CoinDesk, the U.S. Marshals Service is investigating a theft case involving over $40 million in seized cryptocurrency. Blockchain investigator ZachXBT accused John “Lick” Daghita, the son of the president of CMDSS—a service provider for the Department of Defense and the Department of Justice—of stealing these assets from government crypto wallets managed by his father's company. ZachXBT stated that he has confirmed at least $23 million is related to approximately $90 million in cryptocurrency seized by the government in 2024 and 2025, and reported the matter to authorities last week. The suspect inadvertently exposed the wallet address he controlled by recording a video to flaunt his wealth in a Telegram group chat, and ZachXBT confirmed the fund connection through on-chain tracking. Brady McCarron, Public Affairs Chief of the U.S. Marshals Service, stated that no further comment could be made as the investigation is ongoing. Previous reports indicated that the U.S. Marshals Service may not be fully aware of the exact amount of crypto assets under its control, and this incident has once again raised concerns about the transparency of government oversight of cryptocurrency holdings.

According to ChainCatcher, GMGN market data shows that the market cap of the Solana ecosystem meme coin WhiteWhale rebounded after falling below $20 million, briefly surging past $80 million in the early hours today. It is currently reported at $74.6 million, with a 24-hour trading volume of $13.9 million and a 24-hour increase of over 91%. Meme coin trading is highly volatile, largely dependent on market sentiment and speculative concepts, and lacks actual value or use cases. Investors should be aware of the risks.

Glonghui, January 27th｜Among Chinese concept stocks, the top decliners at the close were: Donis down 76.21%, Elong Power down 29.65%, 707 Cayman Holdings down 25.36%, Jianzhi Education down 24.99%, and Mingteng International down 22.49%. (Glonghui)