U.S. Senator Katie Britt, R-Alabama, has partnered with Senator Kirsten Gillibrand, D-New York, to introduce the Guarding Unprotected Aging Retirees from Deception (GUARD) Act, a bipartisan bill designed to shield older Americans from financial scams—particularly those exploiting cryptocurrency and blockchain technologies.

The GUARD Act would allow state and local law enforcement to use federal grant funding they already receive to hire personnel, train staff and deploy resources to investigate financial crimes involving blockchain. It would also authorize federal law enforcement to assist with advanced tracing tools, often unavailable to local agencies.

“These scammers exploit gaps in state and local law enforcement capabilities that often allow them to escape prosecution,” said Britt.

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