Bill
Bill > HR6069
summary
Introduced
06/12/2018
06/12/2018
In Committee
06/14/2018
06/14/2018
Crossed Over
06/26/2018
06/26/2018
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
FIND Trafficking Act Fight Illicit Networks and Detect Trafficking Act (Sec. 3) This bill directs the Government Accountability Office (GAO) to report on the use of virtual currencies and online marketplaces in sex and drug trafficking. The GAO must study topics including: how illicit proceeds are transferred into the U.S. banking system, state and non-state actors that benefit from or participate in such activity, preventative efforts from federal and state agencies, and how to use the unique characteristics of virtual currencies to track illicit activity.
AI Summary
This bill directs the Government Accountability Office (GAO) to conduct a study on the use of virtual currencies and online marketplaces in facilitating sex and drug trafficking. The study will examine how these technologies are used to buy, sell, or finance goods and services associated with these illicit activities, the participants and supply chains involved, and the efforts of federal and state agencies to prevent and detect such activities. The bill also requires the GAO to report its findings and recommendations for legislative or regulatory action to improve the government's ability to impede the use of virtual currencies and online marketplaces in sex and drug trafficking.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (3)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 06/26/2018)
Official Document
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