U.S. Senator Cynthia Lummis revealed that $6.3 billion in crypto assets were stolen this week, with thieves moving funds cross-chain within minutes. In response, the CLARITY Act establishes a pilot program enabling crypto companies to share intelligence directly with federal law enforcement agencies. Lummis emphasized that coordinated action between the industry and law enforcement can prevent stolen funds from being moved further through cross-chain transactions. The initiative aims to create faster detection and response mechanisms for cryptocurrency theft at scale.