The proposed Bill No. 6651 aims to enhance the legal framework surrounding cryptocurrency theft by amending the general statutes. Key provisions include defining digital currency as a monetary instrument in alignment with banking definitions, allowing for the pre-conviction confiscation of digital wallets linked to theft to establish a victims' compensation fund, and instituting a hearing process that ensures due process for the alleged offenders holding these wallets.

Additionally, the bill seeks to allocate resources within the Department of Emergency Services and Public Protection to combat cryptocurrency theft more effectively. This includes creating an operating budget to acquire necessary technology and facilitate training and communication between local police departments and the department itself. Overall, the bill is designed to streamline the prosecution of cryptocurrency theft, provide victim compensation, and bolster law enforcement capabilities in addressing such crimes.