Arizona lawmakers suggest that private agents outsource the forfeiture of encryption

A new US bill is underway to allow the US president to issue letters to civilians to enforce code attacks. According to the report, Arizona Senator David Schweicart introduced the 2025 bill, the Mark of Fraud Farms and the Retaliation Approval Act in August.

The bill targets cybercriminals who will wreaking havoc in the US by proposing the use of pirates approved in the US. Under the bill, these personally armed, well-equipped personnel contacted by the government will be permitted to employ any means reasonably necessary to seize, detain or punish cybercriminals the President deems a threat.

US passes new cryptocurrency bill

Threats highlighted in the bill include crypto theft, pig slaughter fraud, ransomware attacks, and access to computers without permission to retrieve personal or classified information. Others include identity theft, trafficking online passwords, and compromise on computers using malicious code. “Criminal businesses that employ cybercrime and forced labor pose an extraordinary and extraordinary threat to the economic and national security of the United States,” the bill reads.

The bill characterizes fraud as “acts of war” carried out against the United States by individuals, organized criminals and foreign governments. The US recorded more than $142 million in cryptocurrency losses to hackers in July, bringing the total amount of digital assets stolen by criminal entities to date in 2025 to over $3 billion.

According to Peckshield data, CoindCX is the most lost in all exploits, resulting in CoindCX losing around $142 million in 17 separate attacks across the crypto market. Besides CoindCX, which lost $44.2 million in July, the GMX decentralized exchange also lost $40 million, but the hackers returned the stolen funds a few days later. Others in the top three include $28 million lost in Big One Exchange and $12 million stolen from Woo X.

Seized assets can be used to boost US crypto sanctuaries

US President Donald Trump signed an executive order in January to establish Bitcoin and cryptocurrency sanctuaries in the country. This means that stolen codes seized by US law enforcement could be confiscated by the government after a regular lawsuit.

In July, the US filed a civil complaint to claim more than 20 Bitcoin. This was valued at approximately $2.3 million seized by the Federal Bureau of Investigation (FBI) in Dallas, Texas. The U.S. Department of Justice seized $1 million in digital assets from the Blacksuit Ransomware Group in the same month.

This month, DOJ also approved the seizure of $2.8 million in crypto from a wallet under the control of Ianis Aleksandrovich Antropenko, who was accused of targeting businesses and individuals with ransomware attacks. “As alleged in the unsealed warrant, cryptocurrency and other assets are revenues of ransomware activities (or were involved in the washing of revenues),” the notice reads.

“These assets were washed in a variety of ways, including using a cryptocurrency mixing service chip mixer that was removed in an international business coordinated in 2023. Antropenco exchanged cryptocurrency for cash and deposited cash in a structured cash deposit. He was charged with conspiracy to commit computer fraud and abuse, computer fraud and abuse, and conspiracy to commit money laundering.