US lawmakers have introduced legislation to create a Department of Justice-led task force coordinating federal, state, and local agencies in investigating cryptocurrency theft, scams, and related crimes. The bill, sponsored by Rep. Lance Gooden and Rep. Josh Gottheimer, designates the Justice Department as the primary federal coordinator, bringing together the FBI, Homeland Security Investigations, and FinCEN. The task force will develop best practices for evidence collection, blockchain forensics, asset tracing, and victim support, and provide training to state and local law enforcement. According to the FBI's 2025 Internet Crime Report, Americans reported over $11 billion in crypto-related losses last year. The task force will also coordinate internationally and report annually to Congress. The bill explicitly states it does not authorize new crypto regulations or expand federal authority, focusing solely on interagency coordination. This initiative coincides with increased use of AI by blockchain intelligence firms like TRM Labs and Chainalysis to trace stolen funds and combat crypto crime.

Key facts

• Bill creates DOJ-led task force to coordinate crypto theft investigations across agencies.
• FBI, HSI, and FinCEN will collaborate under the task force.
• Americans reported over $11 billion in crypto losses in 2024.
• Task force will provide training and international coordination.
• Bill does not authorize new regulations or expand federal authority.