Congress moves to rebuild crypto crime task force after DOJ dismantled its dedicated crypto team

- Congress is finally rebuilding the crypto crime task force after the DOJ dismantled it, because apparently, letting $11 billion vanish into the void was a bold new regulatory strategy. The new Federal Cryptocurrency Theft Task Force will coordinate between the FBI, DHS, and Treasury to trace hacks and help victims—because local cops still think blockchain is a type of cheese. It’s a pragmatic pivot: no market regulation, just better coordination for when your meat wallet gets drained. While regulators play whack-a-mole with scams, this task force promises actual asset tracing instead of just filing paperwork. Finally, a government body that admits theft isn’t just "attention redistribution." Now if only they could fix the gas fees higher than my rent before they trace my bank account.