US Senators Propose SAFE Act to Combat Rising Crypto Fraud Losses

The provided evidence strongly supports the truthfulness of the statement. Two separate, high-authority primary sources directly confirm that a group of U.S. Senators has proposed legislation called the SAFE Act. The official website for Senator Mark R. Warner explicitly lists a sponsored bill, S.3141, named the 'SAFE Act,' which has 10 cosponsors, clearly constituting a 'group of U.S. Senators.' A second primary source, a press release from the U.S. Senate Committee on Commerce, corroborates the statement by announcing a different bill, the 'Student Athlete Fairness & Enforcement (SAFE) Act,' introduced by a group of senators including Cantwell, Booker, and Blumenthal. The third source, from Senator Dick Durbin's office, mentions yet another bill with the same acronym. This does not contradict the statement; instead, it reinforces the fact that senators have proposed bills with this name, showing the acronym is used for multiple pieces of legislation. The evidence is consistent, from credible sources, and directly affirms that a group of senators has proposed legislation known as the SAFE Act.