Thief of $90M in seized U.S.-controlled crypto is gov't contractor's son

So much of the government is like this, they will hire some connected guy to manage something in a slightly competent manner.

Just learned that the federal government has long term leases on office buildings that congressmen have a financial interest in. More disappointment.

And he has been and continues to make fun of the investigators, publicly mocking investigators and sending small amounts from the fraudulent wallets to investigators.

Crazy world

Molly White really is quite thorough

A bit lost here. Is there more backstory to this? It reads as if the government contractors son stole the 90 million from the government?

Tangent: what does the govt do with seized crypto? Does it eventually get liquidated?

Slightly tangential question but what’s with govt seized crypto assets? I had a bit of Litecoin a while back and went to check my wallet one day to find an FBI landing page instead. Is that just theirs now? Feels a bit like the gov seized control of my savings account.

Is the accusation the dad stole the crypto, or the dad AND the son stole the crypto ?

It appears the feds were so incompetent they didn't realize the theft had occurred until AFTER Zach's post went viral, and even then, nothing may happen. And to think, had Lick done nothing he likely would have gotten away with it. Perfect crime undone by ego.

There’s another crypto thief that is the son of the head government official…

There's no honor among thieves.