Private Cyber Experts: Are They the Future of Crypto Regulation?
With the Scam Farms Marque and Reprisal Authorization Act of 2025 making its way through Congress, we find ourselves facing transformative times with the potential introduction of private cyber teams to fight crime. The legislation could empower private actors to take the reins against cybercriminals, especially those targeting cryptocurrency enthusiasts. Is history repeating itself, or is this the dawn of a new regulatory age?
What is the Scam Farms Marque and Reprisal Authorization Act of 2025?
This bill aims to give the President the power to issue letters of marque, essentially government licenses that would let private cyber experts—dubbed “21st-century privateers”—take action against cybercriminals. Rep. David Schweikert from…
