US proposes revival of 18th century law so Trump can deputize private citizens to fight crypto scammers

US Representative David Schweikert has introduced legislation granting the President authority to act against crypto criminals operating abroad. The bill, filed as House Resolution (H. R. 4988), invokes the rarely used concept of “letters of marque and reprisal,” which is a legal instrument dating back to maritime warfare source: https://cryptoslate.com/us-may-revive-18th-century-letters-of-marque-to-fight-2025-crypto-mega-hacks/