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Trump expected to announce crackdown on crypto scams targeting Americans

Trump expected to announce crackdown on crypto scams targeting Americans

Photo: Crypto Briefing

The focus on online fraud follows more than 1 million complaints about internet scams filed with the FBI by Americans last year. President Donald Trump is set to promote his administration’s crackdown on overseas criminal networks that lure Americans into fraudulent crypto investments at a White House event on Wednesday, according to a White House official cited by Reuters. The event will focus on cybercrime prevention, with Trump and members of his cabinet expected to highlight government seizures of fraudulent crypto investment websites and efforts to combat online impersonation scams.

Source: Crypto Briefing

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