ChainCatcher report, according to CryptoSlate, the U.S. Congress is pushing to reestablish the Department of Justice’s cryptocurrency crime task force. Previously, in April 2025, the Department of Justice disbanded the National Cryptocurrency Enforcement Team and discontinued its “enforcement-over-regulation” approach toward the cryptocurrency industry. The new bill, introduced by Representatives Lance Gooden and Josh Gottheimer, proposes establishing a Federal Cryptocurrency Theft Task Force within the Department of Justice to coordinate investigations and prosecutions of cases involving cryptocurrency theft, hacking, and fraud. The task force’s responsibilities include developing best practices for evidence collection, digital forensics, asset tracing, and victim outreach; providing technical assistance and training to state and local law enforcement agencies; and coordinating international cross-border case collaboration. The bill explicitly excludes cryptocurrency markets, financial institutions, and financial products from the task force’s regulatory scope, without altering existing regulatory frameworks or criminal laws. According to FBI reports, there were 181,565 complaints involving cryptocurrency in 2025, with reported losses exceeding $11 billion. The bill has not yet specified details regarding funding, personnel allocation, or victim response mechanisms.
U.S. Congress Proposes Rebuilding DOJ Crypto Crime Task Force to Combat Theft and Fraud
ChaincatcherShare
The U.S. Congress is pushing to rebuild the DOJ’s crypto crime task force to combat theft and fraud in crypto markets. The bill focuses on enforcement, not regulation, and excludes oversight of financial products. With over $11 billion in losses and 181,565 complaints reported in 2025, the task force will prioritize CFT, digital forensics, and international coordination. It will also support liquidity and crypto markets by enhancing asset tracking and victim response. Funding and staffing details remain unclear.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
