A bipartisan pair of U.S. lawmakers introduce legislation that would create a federal task force aimed at combating cryptocurrency theft and supporting victims. The bill, introduced in the House on June 11, is titled the Federal Cryptocurrency Theft Enforcement and Coordination Act. According to the outlets, the proposal would establish a multi-agency effort coordinated under the U.S. attorney general, positioning it to take a lead role in handling cryptocurrency theft cases across law enforcement agencies. The plan is also described as including support for victims of crypto-related crime, not just enforcement. The bill is sponsored by Reps. Lance Gooden (R-Texas) and Josh Gottheimer (D-N.J.). While details of membership and operating procedures are not fully described in the excerpts, both sources characterize the initiative as a centralized coordination mechanism designed to improve how federal agencies investigate and respond to cryptocurrency theft. The proposal’s next steps would depend on House consideration and any subsequent action by committees and the broader legislative process.
House bill proposes federal task force to address cryptocurrency theft
A bipartisan pair of U.S. lawmakers introduce legislation that would create a federal task force aimed at combating cryptocurrency theft and supporting victims. The bill, introduced in the House on Ju...
- The bill is introduced in the U.S. House on June 11.
- It is titled the Federal Cryptocurrency Theft Enforcement and Coordination Act.
- Reps. Lance Gooden (R-Texas) and Josh Gottheimer (D-N.J.) are the sponsors.
- The proposal would create a multi-agency federal task force coordinated under the U.S. attorney general.
- The task force is intended to combat cryptocurrency theft and support victims.
A bill introduced Thursday (June 11) in the U.S. House would create a federal task force to combat crypto theft and support victims. The Federal Cryptocurrency Theft Enforcement and Coordination Act was introduced by Reps. Lance Gooden, R-Texas, and Josh Gottheimer, D-N.J., according to a Thursday press release. The organization that would be created […] The post Lawmakers Move to Create Federal Task Force Against Crypto Theft appeared first on PYMNTS.com.
4 hours agoNew legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.
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