President Trump to Highlight Crackdown on Overseas Crypto Scams
The numbers are staggering: Americans lost $11.3 billion to crypto fraud in 2025 alone, with investment scams draining $7.2 billion.
Much of it traces to Southeast Asian crime syndicates running forced-labor scam compounds.
But here’s the uncomfortable asterisk: Reuters reporting shows Trump’s own family crypto ventures have added $2.3 billion to their fortune while investors in those same ventures lost the same amount.
The White House says all actions serve the American people’s best interest.
Crackdown on scams targeting Americans: necessary.
Conflict-of-interest questions: also necessary.
#CryptoScamAlert #TrumpCryptoSupport
The numbers are staggering: Americans lost $11.3 billion to crypto fraud in 2025 alone, with investment scams draining $7.2 billion.
Much of it traces to Southeast Asian crime syndicates running forced-labor scam compounds.
But here’s the uncomfortable asterisk: Reuters reporting shows Trump’s own family crypto ventures have added $2.3 billion to their fortune while investors in those same ventures lost the same amount.
The White House says all actions serve the American people’s best interest.
Crackdown on scams targeting Americans: necessary.
Conflict-of-interest questions: also necessary.
#CryptoScamAlert #TrumpCryptoSupport