The crypto-scam crackdown just happened — and nobody at the podium said "cryptocurrency."
Trump's White House cybercrime roundtable landed Wednesday. His claims: more than $20 billion lost to cybercrime in 2025, $1 billion in "cybercurrency tied to foreign scammers" frozen, $1.6 billion in losses prevented after the March executive order. Behind it, FBI data: $11 billion in 2025 scams tied specifically to digital assets, including crypto ATMs.
The tell: neither Trump nor Attorney General Blanche said the words "cryptocurrency" or "digital assets" once — just "cybercurrency," "digital extortion," and general fraud language. The pre-event press flagged a crypto-scam showcase; the delivery was cops-and-scammers.
Honest read: fraud enforcement is the one kind of crypto regulation nobody in the industry fights — real enforcement burns the scammers, not the builders. The open question is whether this becomes durable policy or campaign-season theater.
If the government froze $1B in criminal crypto, who's custodying it — and does it get auctioned back into the market?
$BTC $84,326 (+1.7%), $ETH $2,478 (+1.2%) — no sharp reaction to the headline. NFA. DYOR.
#WhiteHouse #CryptoScams #Cybercrime #Regulation
Trump's White House cybercrime roundtable landed Wednesday. His claims: more than $20 billion lost to cybercrime in 2025, $1 billion in "cybercurrency tied to foreign scammers" frozen, $1.6 billion in losses prevented after the March executive order. Behind it, FBI data: $11 billion in 2025 scams tied specifically to digital assets, including crypto ATMs.
The tell: neither Trump nor Attorney General Blanche said the words "cryptocurrency" or "digital assets" once — just "cybercurrency," "digital extortion," and general fraud language. The pre-event press flagged a crypto-scam showcase; the delivery was cops-and-scammers.
Honest read: fraud enforcement is the one kind of crypto regulation nobody in the industry fights — real enforcement burns the scammers, not the builders. The open question is whether this becomes durable policy or campaign-season theater.
If the government froze $1B in criminal crypto, who's custodying it — and does it get auctioned back into the market?
$BTC $84,326 (+1.7%), $ETH $2,478 (+1.2%) — no sharp reaction to the headline. NFA. DYOR.
#WhiteHouse #CryptoScams #Cybercrime #Regulation