Trump Targets Crypto Scams – Frozen Funds Aren’t Refunds
Photo: Coindoo
Key Takeaways Crypto-related losses reported to FBI: $11.4 billion Xinbi action: $52 million restrained, $12 million seized Strike Force has restrained about $938 million OneCoin victims waited until 2026 to file claims Trump is expected to be joined by FBI Director Kash Patel, Attorney General Todd Blanche, Homeland Security Secretary Markwayne Mullin and Defense Secretary Pete Hegseth, a White House official told Reuters , with seizures of fraudulent crypto investment websites and action against impersonation scams on the agenda. The event follows a March 6 executive order directing federal agencies to prioritize cyber-enabled fraud.
Source: Coindoo
