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Crypto crime costs Americans billions as Senate takes up CLARITY Act

Former NYPD director of intelligence analysis Mitch Silber discusses the CLARITY Act, cryptocurrency’s use in criminal activity and the challenges victims face in recovering stolen funds.

Fox Business

Publisher

Sep 14, 2026 at 4:40 PM UTC · 1 min de lectura

Crypto crime costs Americans billions as Senate takes up CLARITY Act
Image via Fox Business

Former NYPD director of intelligence analysis Mitch Silber discusses the CLARITY Act, cryptocurrency’s use in criminal activity and the challenges victims face in recovering stolen funds.

Crypto Watchdog Advisory board member Mitch Silber joins host Stuart Varney to discuss the cryptocurrency market and regulation. Silber analyzes the upcoming Senate vote on the Clarity Act and details the rise in crypto-related crime complaints. The former NYPD director of intelligence analysis explains the challenges law enforcement faces in tracking illicit digital asset transactions.

Why this matters

A Senate vote on the CLARITY Act could affect how U.S. crypto markets are regulated and which agencies oversee key parts of the industry. The focus on crime complaints and recovery challenges also signals continued pressure on policymakers and platforms to improve transaction monitoring and victim restitution tools.

#government-policy#crypto

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Originally reported by Fox Business

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