CLARITY Act Would Allocate $150 Million for Law Enforcement to Track Digital Asset Fraud, Lummis Says

U.S. Senator Cynthia Lummis said the proposed CLARITY Act would allocate $150 million to help law enforcement track scammers and criminals in the digital asset sector. According to Foresight News, Lummis made the statement in a post on X, saying the funding would support enforcement agencies’ efforts to pursue wrongdoing involving digital assets.