This bill establishes a Federal Cryptocurrency Theft Task Force within the Department of Justice to coordinate law enforcement efforts against cryptocurrency crimes. The task force, chaired by the Attorney General, will include senior representatives from the FBI, Department of Homeland Security, Treasury Department, and other relevant federal agencies to serve as the central coordinating body for investigating and prosecuting cryptocurrency theft cases. The task force will develop best practices and training materials for state and local law enforcement, facilitate information sharing across jurisdictions, identify gaps in criminal enforcement authorities, and provide technical assistance to prosecutors and investigators nationwide. The bill requires the Attorney General to submit annual reports to Congress summarizing task force activities, emerging threats, and recommendations for strengthening cryptocurrency theft investigations. The legislation clarifies that it does not create new crimes, regulate cryptocurrency markets, or grant private individuals the right to sue, and participation by state and local governments remains voluntary.
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