Lummis: $6.3B in Crypto Stolen This Week; CLARITY Act Eyes Intel-Sharing Pilot

The scale Lummis cites, and the speed with which funds reportedly crossed chains, reframes crypto crime as a laundering-speed problem rather than a custody one — which is exactly the gap the proposed intelligence-sharing pilot targets. The notable shift is structural: formalizing industry-to-law-enforcement channels would put exchanges and bridge operators closer to the response chain than they have been, a role some firms may welcome and others may resist on liability and privacy grounds. Whether a voluntary pilot can outpace cross-chain movement, and how participation and data-handling rules are scoped, is the open question worth watching.