Skip to content
Cointelegraph· Cointelegraph by Turner Wright·· 10d ago

Trump roundtable on cybercrime avoids explicit mention of cryptocurrency

Original source: CointelegraphRead original
AI brief

At a White House roundtable on cybercrime, President Donald Trump stated that 'countless' Americans lost over $20 billion to cybercrime in 2025 through various schemes, and federal officials froze $1 billion in 'cybercurrency tied to foreign scammers' while preventing $1.6 billion in losses in 2025 following a March executive order. Despite prior reports suggesting a focus on cracking down on foreign crypto scams, Trump and Attorney General Todd Blanche did not explicitly use terms like 'cryptocurrency' or 'digital assets,' with Homeland Security Secretary Markwayne Mullin referring only to 'digital extortion.'

Source: Cointelegraph · cointelegraph.com