Ryan

I'm going to give you a crazy human story of the week.

I know I was telling you a little bit about this, but there's an emerging story that's happening in crypto that I just think is really odd, only in crypto, kind of interesting.

The son of a government contractor, the contractor was responsible for custodying a portion of US government crypto funds that were seized.

Right.

He is being, it looks like, allegedly, he stole $40 million of USC's crypto funds.

I think this is primarily in Bitcoin.

And ZachXBT caught him doing this through some on-chain sleuthing.

So there's this government contractor called CMDSS.

And some of the assets, crypto assets seized by the U.S.

Marshals were being custodied or the responsible custodian in some way was CMDSS.

The CEO has a son by the name of... His name is John...

He also goes by the pseudonym Lick.

Okay.

And somebody caught Lick, John, flexing crypto wallets on a Telegram chat.

So there's a back and forth between John and this other guy.

And they were talking about their crypto stash.

And this was all recorded.

And unfortunately for John, some of the addresses that he leaked during this chat, ZachXBT sleuthed it out and connected it to government custodial wallets and a $40 million theft, quite possibly.

Now, this is all alleged.

So this is like ongoing.