FIND Trafficking Act

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 participate in such activity,
  • preventative efforts from federal and state agencies, and
  • the extent to which the unique characteristics of virtual currencies can contribute to the tracking and prosecution of illicit funding.

Learn more

Show more

Top Argument In Favor

Norm Young voted yea
Virtual currencies must not enable tax evasion, crime, or terrorism if they expect to be linked in with the existing banking systems. While stable, non anonymous virtual currencies have a bright future in reducing costs, they must be traceable to not further destabilize society as anonymity has done... show more
Endorse

Top Argument Against

No arguments against yet. Add one.


All Arguments

Norm Young voted yea
Virtual currencies must not enable tax evasion, crime, or terrorism if they expect to be linked in with the existing banking systems. While stable, non anonymous virtual currencies have a bright future in reducing costs, they must be traceable to not further destabilize society as anonymity has done... show more
Endorse
Liquid

Liquid makes democracy smarter and more accountable.


When did “your team is worse than mine” become the prevailing motive in our country for engaging in the democratic process?

Glenn Beck

September 2016

Help