Hacks & Security
Neutral
President Trump highlights federal crackdown on foreign cryptocurrency scam operations
Image: Crypto.newsPresident Donald Trump is highlighting a federal crackdown on overseas cryptocurrency scam networks targeting Americans. FBI data shows Americans reported more than $11 billion in cryptocurrency-related losses during 2025. Total internet crime complaints rose by approximately 17% last year. Federal agencies have targeted fraudulent investment websites and criminal networks. The Justice Department has pursued international scam operations through cryptocurrency tracing and asset seizures.
Key points
- President Trump is highlighting federal actions against overseas cryptocurrency scam networks targeting Americans.
- Americans reported more than $11 billion in cryptocurrency-related losses during 2025 according to FBI data.
- Total internet crime complaints increased by approximately 17% between 2024 and 2025.
- Federal authorities have seized fraudulent websites and pursued international scam operations.
Why it matters
Federal agencies are targeting fraudulent investment websites and international scam networks accused of stealing billions in cryptocurrency from Americans.
Sources · 2 publishers
CoinGape
Tier 2
President Trump to Announce Crackdown on Foreign Crypto Scams Targeting Americans
Coverage timeline
- First reported by Crypto.news
- Also reported by CoinGape
- CryptoVideos brief published
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