Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    Bill Ackman Invests $1.27 Billion in a Single Tech Stock, Adds To Google and More – Canadian Pacific Kansas (NYSE:CP), Amazon.com (NASDAQ:AMZN)

    By News RoomAug 23, 2025 5:17 pm EDT0
    Recent

    Bill Ackman Invests $1.27 Billion in a Single Tech Stock, Adds To Google and More – Canadian Pacific Kansas (NYSE:CP), Amazon.com (NASDAQ:AMZN)

    Aug 23, 2025 5:17 pm EDT

    Robert Kiyosaki Says Most Poor People Are Poor Because They Break These Two Laws of Money

    Aug 23, 2025 5:15 pm EDT

    Solar Set To Power More Than Half of New US Energy in 2025 Solar Set To Power More Than Half of New US Energy in 2025

    Aug 23, 2025 3:55 pm EDT
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    Aave Stumbles by Over 8% Following World Liberty Financial Rumors

    By News RoomAug 23, 2025 4:15 pm EDT0
    Recent

    Aave Stumbles by Over 8% Following World Liberty Financial Rumors

    Aug 23, 2025 4:15 pm EDT

    Bitcoin Accounts for 1.7% of Global Money 16 Years After Inception: River

    Aug 23, 2025 2:09 pm EDT

    Lifeline or Last Resort for Struggling Firms?

    Aug 23, 2025 11:00 am EDT
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    God in the Machine: Inside the Growing AI Religious Movement

    By News RoomAug 23, 2025 4:01 pm EDT0
    Recent

    God in the Machine: Inside the Growing AI Religious Movement

    Aug 23, 2025 4:01 pm EDT

    Hidden risks of AI in hiring: 4 traps to avoid

    Aug 23, 2025 11:37 am EDT

    Apple Reportedly Eyes Google Gemini To Overhaul Siri As Analysts Slam Tim Cook’s AI Strategy As ‘Disaster’ – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

    Aug 23, 2025 3:04 am EDT
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    Buy these outperforming stocks with room to run, says UBS

    By News RoomAug 23, 2025 11:31 am EDT0
    Recent

    Buy these outperforming stocks with room to run, says UBS

    Aug 23, 2025 11:31 am EDT

    Bank of America says these five stocks have room to run

    Aug 23, 2025 9:10 am EDT

    Retirement age ‘should’ be 58, survey respondents say, on average. Here’s what financial advisors recommend

    Aug 23, 2025 7:49 am EDT
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » US rep introduces bill to authorize state-sanctioned piracy against cybercriminals
BTC

US rep introduces bill to authorize state-sanctioned piracy against cybercriminals

News RoomNews RoomAug 22, 2025 6:57 pm EDT0 ViewsNo Comments3 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

Arizona legislator David Schweikert presented “The Fraud Farms Marque and Reprisal Permission Act of 2025” in August, which proposes neo-privateers– state-sanctioned pirates– to fight cybercriminals participated in dangers versus the United States.

The costs licenses the United States president to release letters of marque to “independently armed and equipped individuals” contracted by the federal government to “use all methods fairly needed” to take home and apprehend or “penalize” cybercriminals considered a hazard by the president.

These dangers consist of crypto theft, pig butchering frauds, ransomware attacks, identity theft, accessing computer systems without permission to collect delicate individual or categorized details, online password trafficking, and jeopardizing computer systems with destructive code. The costs read:

” Lawbreaker business that use cybercrimes and persuaded labor present an uncommon and remarkable risk to the financial and nationwide security of the United States.”

The costs identified the frauds as “acts of war” committed by people, arranged wrongdoers, and foreign federal governments versus the United States and is a revival of an 18th-century law that might have ramifications for the future of cybersecurity and property seizure if passed.

The Fraud Farms Marque and Reprisal Permission Act of 2025. Source: United States Congress

Related: Crypto criminal offense system with $250M in seizures broadens with Binance

United States might funnel took possessions into Bitcoin reserve and nationwide crypto stockpile

Over $142 million in crypto was lost to hackers in July, and the overall quantity of crypto taken up until now in 2025 goes beyond $3 billion. Stolen crypto taken by United States police authorities in examinations might later on be surrendered to the federal government in court procedures.

United States President Donald Trump signed an executive order in January developing a Bitcoin and crypto reserve, which might just build up crypto through budget-neutral methods or property loss.

In July, the United States federal government submitted a civil problem to claim over 20 Bitcoin (BTC), valued at over $2.3 million, taken by the Dallas, Texas, department of the Federal Bureau of Examination (FBI) throughout an operation versus the Mayhem ransomware hacker group.

The United States Department of Justice (DOJ) likewise took $1 million in crypto from the BlackSuit ransomware group throughout the exact same month.

In August, the DOJ licensed the seizure of $2.8 million in crypto from a wallet managed by Ianis Aleksandrovich Antropenko, who was charged with targeting people and companies with ransomware attacks.

Publication: Inside a 30,000 phone bot farm taking crypto airdrops from genuine users

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Bitcoin Accounts for 1.7% of Global Money 16 Years After Inception: River

BTC Aug 23, 2025 2:09 pm EDT

Lifeline or Last Resort for Struggling Firms?

BTC Aug 23, 2025 11:00 am EDT

Brazil’s Crypto Tax Grab Signals What’s Coming Next

BTC Aug 23, 2025 9:42 am EDT

Fed-Fueled Crypto Rally Pushes Sentiment Into ‘Greed’ Territory

BTC Aug 23, 2025 3:19 am EDT

IRS Crypto Head Trish Turner Resigns From The Agency

BTC Aug 23, 2025 12:52 am EDT

The Bitcoin Community Is Divided Over Institutional Interest

BTC Aug 22, 2025 9:24 pm EDT
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

Robert Kiyosaki Says Most Poor People Are Poor Because They Break These Two Laws of Money

Aug 23, 2025 5:15 pm EDT

Aave Stumbles by Over 8% Following World Liberty Financial Rumors

Aug 23, 2025 4:15 pm EDT

God in the Machine: Inside the Growing AI Religious Movement

Aug 23, 2025 4:01 pm EDT

Solar Set To Power More Than Half of New US Energy in 2025 Solar Set To Power More Than Half of New US Energy in 2025

Aug 23, 2025 3:55 pm EDT

Warren Buffett’s Tip for the Middle Class: ‘Do Not Save What Is Left After Spending, but Spend What Is Left After Saving’

Aug 23, 2025 3:54 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

Markets

Powell’s Dovish Tone Sparks Wall Street Rally, S&P 500 Rebounds From Losing Streak

By News RoomAug 23, 2025 2:53 pm EDT0

The monetary world was abuzz on Friday as Federal Reserve Chair Jerome Powell meant a…

Bitcoin Accounts for 1.7% of Global Money 16 Years After Inception: River

Aug 23, 2025 2:09 pm EDT

Baby Boomer Turned Meme Stock Trading Into a Thrilling Hobby, Calling It ‘Absolutely’ Gambling

Aug 23, 2025 1:52 pm EDT

Mark Cuban Is Avoiding Investing In This Sector: ‘The Worst Industry In The History Of Industries’

Aug 23, 2025 1:51 pm EDT
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

Trump WLFI Mints $205M Stablecoins After Fed Crypto Speech

Aug 21, 2025 2:57 am EDT

Layoffs For AI: Oracle Pulls A Meta—Will Investors Buy The Efficiency Story? – Oracle (NYSE:ORCL)

Aug 20, 2025 4:59 pm EDT

New EU toolkit helps tourism stakeholders communicate sustainability effectively

Aug 21, 2025 1:30 am EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?