Trump held an anti-scam event at the White House yesterday, focusing on cracking down on overseas crypto scams. Let me break it down for you, then I’ll explain how ordinary people can protect themselves.
First, the results—all figures provided by the White House itself:
① About $833 million in crypto assets linked to fraud frozen or intercepted
② 503 fake crypto investment websites shut down
③ About 9,000 Americans who were being scammed were notified; an estimated $562 million was saved
④ FBI data: In 2025, Americans reported losing over $11 billion to crypto scams, and the number of complaints was up 17% year over year
The lineup was impressive: the Secretaries of Homeland Security, Defense, and Justice, along with the FBI Director, were all there.
But there’s one detail many people missed.
The official figures showed how much was frozen and how many sites were shut down, but didn’t say how much money actually made it back into victims’ hands. Enforcement figures are not the same as recovery figures. Those are two different things.
My take: This crackdown is real, but it’s more like stopping the bleeding than curing the disease. And the timing is interesting: the midterm elections are in November, while the Trump family’s ties to the crypto industry are facing scrutiny. You can decide for yourself how much of this event was law enforcement and how much was politics.
But for ordinary people, it doesn’t matter who’s in power. What matters is not becoming one of the people who gets scammed.
Four practical tips to avoid pig-butchering scams:
① Block anyone you don’t know who promises high returns or says they’ll make you rich. People who are really making money don’t need to seek you out.
② Download apps only through the official channels of mainstream exchanges. Don’t click links sent by other people.
③ If you’re told to pay taxes or a deposit before you can withdraw, it’s 100% a scam.
④ Before making a large transfer, test a small withdrawal first. If you can withdraw it, that’s a sign the platform is real.
In short: Law enforcement can arrest people, but it can’t get your money back. There’s only one line of defense: you.
What do you think of this operation? Let’s talk in the comments.
#特朗普拟阐述打击海外加密诈骗 #加密诈骗 #杀猪盘 #反诈 #安全
First, the results—all figures provided by the White House itself:
① About $833 million in crypto assets linked to fraud frozen or intercepted
② 503 fake crypto investment websites shut down
③ About 9,000 Americans who were being scammed were notified; an estimated $562 million was saved
④ FBI data: In 2025, Americans reported losing over $11 billion to crypto scams, and the number of complaints was up 17% year over year
The lineup was impressive: the Secretaries of Homeland Security, Defense, and Justice, along with the FBI Director, were all there.
But there’s one detail many people missed.
The official figures showed how much was frozen and how many sites were shut down, but didn’t say how much money actually made it back into victims’ hands. Enforcement figures are not the same as recovery figures. Those are two different things.
My take: This crackdown is real, but it’s more like stopping the bleeding than curing the disease. And the timing is interesting: the midterm elections are in November, while the Trump family’s ties to the crypto industry are facing scrutiny. You can decide for yourself how much of this event was law enforcement and how much was politics.
But for ordinary people, it doesn’t matter who’s in power. What matters is not becoming one of the people who gets scammed.
Four practical tips to avoid pig-butchering scams:
① Block anyone you don’t know who promises high returns or says they’ll make you rich. People who are really making money don’t need to seek you out.
② Download apps only through the official channels of mainstream exchanges. Don’t click links sent by other people.
③ If you’re told to pay taxes or a deposit before you can withdraw, it’s 100% a scam.
④ Before making a large transfer, test a small withdrawal first. If you can withdraw it, that’s a sign the platform is real.
In short: Law enforcement can arrest people, but it can’t get your money back. There’s only one line of defense: you.
What do you think of this operation? Let’s talk in the comments.
#特朗普拟阐述打击海外加密诈骗 #加密诈骗 #杀猪盘 #反诈 #安全