Sponsors (56)
Introduced September 18, 2025 by Jefferson Shreve · Last progress September 18, 2025
The bill centralizes U.S. efforts—using interagency coordination, sanctions, and public‑private partnerships—to disrupt transnational online scam and trafficking networks and support victims, at the cost of increased spending, compliance burdens, potential privacy risks, and higher diplomatic friction with targeted foreign actors.
American consumers, taxpayers, and financial institutions: the bill creates a multiagency strategy (including sanctions, offensive cyber options, and allied coordination) intended to reduce cross‑border online financial scams and improve victims' chances of recovering stolen funds.
Trafficking victims and people coerced into scam operations (primarily immigrants): the bill elevates identification, rescue, and trauma‑informed care and reintegration services and prioritizes anti‑trafficking responses directed at scam centers.
Law enforcement, federal agencies, and private platforms/financial firms: the bill establishes coordinated interagency and public‑private partnerships (task force, information‑sharing channels) to more effectively disrupt scam infrastructure and criminal networks.
U.S. taxpayers, businesses, and international partners: the bill's sanctions, designations, and public naming of foreign actors (especially PRC‑linked entities) risk diplomatic friction, escalation, and retaliation that could harm trade and broader cooperation.
Taxpayers and private-sector firms (banks, platforms, exchanges): implementing sanctions, offensive measures, international assistance, and mandatory information‑sharing will increase federal spending and compliance costs for businesses and may impose recurring appropriations obligations.
Consumers, immigrants, and ordinary users: broad data‑sharing across agencies and expanded investigative measures and reporting raise privacy and civil‑liberties risks if new safeguards and limits are not specified.
Based on analysis of 10 sections of legislative text.
Creates an interagency Task Force and strategy to dismantle transnational online scam centers, require sanctions and annual reports, fund victim services, and authorize $30M/year for State (2026–27).
Creates a presidential-led interagency Task Force to lead a whole-of-government campaign to identify, disrupt, and dismantle transnational criminal networks that run large-scale online cryptocurrency investment scams from forced-labor “scam centers” in Southeast Asia and elsewhere. The Task Force must deliver a comprehensive strategy within 180 days, produce annual unclassified reports for five years, recommend and implement sanctions against listed foreign persons (with a short waiver path), support victim services and evidence collection, and is authorized $30 million per year for the Department of State for fiscal years 2026 and 2027. Requires measurable objectives and metrics (sanctions, indictments, victims rescued, recovered funds, reduction in scam centers), mandates coordination among State, DOJ, DHS, Treasury and others, directs investigation of foreign-state and local enabling actors (including named state-affiliated actors), and sets a seven-year sunset for the Task Force.