Federal Crypto Theft Task Force Legislation Introduced Amid $11B Loss Crisis
The U.S. House introduced bipartisan legislation on June 11 to establish a federal cryptocurrency theft task force, marking a coordinated legislative response to record-breaking crypto-related losses that exceeded $11 billion in 2025. The Federal Cryptocurrency Theft Enforcement and Coordination Act, sponsored by Representatives Lance Gooden, R-Texas, and Josh Gottheimer, D-N.J., seeks to centralize what has…