Task Force to Combat Cryptocurrency Scams and Protect Consumers
This law establishes a special task force aimed at combating cryptocurrency scams. The group will investigate new scam methods, develop prevention strategies, and educate citizens on how to better protect their money and data in the digital asset space. This initiative seeks to enhance financial security and facilitate the recovery of stolen funds.
Key points
Creation of a task force to combat cryptocurrency scams, comprising government experts and industry representatives.
Development of educational programs for citizens to identify, avoid, and report digital asset scams.
Collaboration with crypto companies to freeze and recover stolen digital assets, while ensuring due process protections.
International cooperation to pursue perpetrators and dismantle organized crime networks involved in scams.
Introduced
Additional Information
Print number: 119_S_3428
Sponsor: Sen. Moran, Jerry [R-KS]
Process start date: 2025-12-10