Trump says nearly $1B in crypto tied to scammers was frozen
- —Nearly $1 billion in crypto linked to foreign scammers was frozen
- —Reported US cybercrime losses reached $20.87 billion in 2025, per the FBI
- —Crypto-related fraud accounted for $11.36 billion, over half of total losses
- —Authorities warned more than 10,000 victims and shut down over 500 scam sites
Why it matters: The freeze and new DOJ fraud units step up pressure on crypto scammers, though victim restitution remains uncertain.
Source: CoinPost