Trump Targets Overseas Crypto Scams as FBI Puts 2025 Losses…
By Tobi Opeyemi Amure
AI summary of the source article
President Donald Trump will highlight federal efforts against foreign crypto fraud networks as FBI data shows cryptocurrency complaints caused $11.37 billion in losses in 2025. Crypto investment scams represented the largest loss category among internet crimes tracked by the FBI.
Why it matters
Crypto scams produced the single largest loss category in the FBI’s 2025 data, which is why the enforcement push is aimed at the payment rail rather than at any one platform.
Key facts
- Cryptocurrency complaints reached 181,565 in 2025 with $11.366 billion in losses, up 22% from the prior year.
- Crypto investment fraud accounted for 61,559 complaints and $7.228 billion of the total losses.
- Trump signed Executive Order 14390 on March 6 directing prioritized prosecutions of scam centers and cyber-enabled fraud.
Source excerpt · FinanceFeeds
President Donald Trump will use a White House event on Wednesday to highlight his administration’s work against foreign criminal networks that pull Americans into fraudulent crypto investments, a White House official told Reuters . Trump and members of his cabinet are expected to point to seized fraudulent investment websites and to efforts against online impersonation, two of the channels through…