US Senators Elissa Slotkin and Jerry Moran introduced the bipartisan SafeCrypto Act on the 15th, proposing a federal task force spanning Treasury, law enforcement, regulators, and private experts. The task force would identify, track, and prevent crypto-related scams, study trends, enhance local investigation tools, and raise public awareness. This initiative follows FBI data showing $9.3 billion lost to crypto investment scams in 2024, a 66% increase from 2023.