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H.R. 502

BillFederalHousePassed House
FIND Trafficking Act
About This Bill
Passed
Latest Action · January 29, 2019
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
116th (2019–2021)
Introduced
January 11, 2019
Cosponsors (3)
1D 2R
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Summary

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Fight Illicit Networks and Detect Trafficking Act or the FIND Trafficking Act This bill directs the Government Accountability Office (GAO) to report on the use of virtual currencies and online marketplaces in sex and drug trafficking. The GAO must study topics including how illicit proceeds are transferred into the U.S. banking system, state and non-state actors that participate in such activity, preventative efforts from federal and state agencies, and the extent to which the unique characteristics of virtual currencies can contribute to the tracking and prosecution of illicit funding.

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