Lets private companies fight cybercrime and recover stolen money for American victims.
This bill would let the President give special permission to private companies to fight cybercrime. These companies could conduct cyber operations against foreign cybercriminals, seize their assets, and help return stolen funds to American victims. It would also protect these companies from lawsuits for authorized actions.
Currently, private entities cannot officially conduct offensive cyber operations against foreign cyberthreats or seize their assets. Traditional law enforcement often struggles to keep up with the speed of digital asset crime. This bill would let the President authorize private companies to carry out cyber operations, including seizing assets, against foreign cybercriminals. It would also create a system for returning stolen funds to victims and rewarding those who help recover assets, with up to 15 percent funding future operations and up to 5 percent for informants.
HR 9697 · 119th Congress · July 15, 2026 · AI Summary by gemini-2.5-flash · 9/10
Sign in to see your representatives' phone numbers