
Trump announces freeze of about $1 billion in crypto tied to fraud
- —Trump said about $1 billion in crypto tied to fraud has been frozen
- —No breakdown of assets or amounts by case was disclosed
- —DOJ's Scam Center Strike Force has frozen about $938 million
- —FBI: crypto fraud losses reached $11.37 billion in 2025
Why it matters: Expanding seizures from scam operations tighten pressure on illicit crypto flows in Southeast Asia and set a precedent for returning funds to victims.
Source: CoinDesk Japan