$ETH
Trump is getting serious about overseas crypto scammers
The pig-butchering scammers who fleece retail investors should be worried
But I can’t shake the feeling that this is a case of the pot calling the kettle black
Guys,
what’s the most infuriating thing in crypto?
It’s not buying some shitcoin that drops 80%
At least that was your own choice
The absolute fucking worst is
getting scammed and deliberately fleeced by someone else
That really makes you want to go out and beat someone up
This time,
the Trump administration is preparing to bring overseas crypto investment scams into the spotlight
According to a Reuters report on October 21,
Trump will outline U.S. efforts to combat overseas criminal networks
at a White House event on preventing cybercrime
with a focus on seizing crypto investment websites suspected of fraud
and cracking down on online scams involving impersonation
This isn’t just empty talk
The U.S. issued an executive order to combat cybercrime and fraud this March
and in August went further, pushing to use cyber tools to fight transnational criminal organizations
What’s more,
the problem of scams really can’t be ignored anymore
According to a report by the FBI,
Americans filed more than 1 million complaints about online scams in 2025
up 17% from 2024
Seeing Trump make such a grand show of it,
I had this nagging suspicion
So I checked the numbers
Guys,
guess what?
Last year, Americans were scammed out of $11.3 billion
while Trump’s own crypto business made $2.3 billion
Holy shit
Why does this feel like the pot calling the kettle black?
But overall,
if they really can crack down on those fake scam outfits,
that would be a good thing
What we’re most fucking afraid of is
thieves calling each other thieves, making a huge show of it, starting strong and ending weak, and then letting the whole thing fizzle out
But overall, this is good news
#特朗普拟阐述打击海外加密诈骗
Trump is getting serious about overseas crypto scammers
The pig-butchering scammers who fleece retail investors should be worried
But I can’t shake the feeling that this is a case of the pot calling the kettle black
Guys,
what’s the most infuriating thing in crypto?
It’s not buying some shitcoin that drops 80%
At least that was your own choice
The absolute fucking worst is
getting scammed and deliberately fleeced by someone else
That really makes you want to go out and beat someone up
This time,
the Trump administration is preparing to bring overseas crypto investment scams into the spotlight
According to a Reuters report on October 21,
Trump will outline U.S. efforts to combat overseas criminal networks
at a White House event on preventing cybercrime
with a focus on seizing crypto investment websites suspected of fraud
and cracking down on online scams involving impersonation
This isn’t just empty talk
The U.S. issued an executive order to combat cybercrime and fraud this March
and in August went further, pushing to use cyber tools to fight transnational criminal organizations
What’s more,
the problem of scams really can’t be ignored anymore
According to a report by the FBI,
Americans filed more than 1 million complaints about online scams in 2025
up 17% from 2024
Seeing Trump make such a grand show of it,
I had this nagging suspicion
So I checked the numbers
Guys,
guess what?
Last year, Americans were scammed out of $11.3 billion
while Trump’s own crypto business made $2.3 billion
Holy shit
Why does this feel like the pot calling the kettle black?
But overall,
if they really can crack down on those fake scam outfits,
that would be a good thing
What we’re most fucking afraid of is
thieves calling each other thieves, making a huge show of it, starting strong and ending weak, and then letting the whole thing fizzle out
But overall, this is good news
#特朗普拟阐述打击海外加密诈骗