US Govt Crypto Theft: Patrick Witt & US Marshals Investigate
Patrick Witt and the US Marshals lead probe into $40M+ crypto theft tied to US government funds.
- $40M+ in crypto linked to US govt was stolen
- Patrick Witt and US Marshals lead the investigation
- Blockchain sleuth ZachXBT exposed the theft
A major crypto theft involving over $40 million in assets connected to the US government is now the center of a high-profile federal investigation. These digital assets, originally seized during criminal cases, were being held by federal agencies before they were mysteriously transferred.
Blockchain investigator ZachXBT was the first to raise alarms, identifying unauthorized movements of crypto from wallets believed to be under government control.
Patrick Witt and US Marshals Take Action
Patrick Witt, a senior figure in the US Marshals Service (USMS), is officially leading the investigation. The USMS is responsible for storing and managing seized assets, including cryptocurrencies. Witt’s involvement underlines the seriousness of the breach.
The Marshals are now working closely with other federal agencies and blockchain analysts to trace where the funds went, how the breach occurred, and who was behind it. It’s a rare case where internal handling of crypto within the government is under scrutiny.
ZachXBT Uncovers Key Evidence
ZachXBT, known for tracking crypto crimes, was instrumental in revealing this theft. His on-chain research showed suspicious transfers and attempts to obfuscate the origin of the stolen funds. According to his findings, some of the funds were moved through mixers—a common method used by bad actors to launder crypto.
His revelations have prompted immediate action and may lead to one of the most significant government-related crypto crime cases to date.
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