From TokenPost · · 50s
Trump Cites $1 Billion Crypto Frozen in Scam Crackdown
Trump says federal authorities froze nearly $1 billion in crypto tied to foreign scammers.
In brief
Trump says federal authorities froze nearly $1 billion in crypto tied to foreign scammers. Trump reported federal authorities froze nearly $1 billion in cryptocurrency linked to foreign scammers during a White House cybercrime meeting. Originally reported by TokenPost.
Trump Reports Crypto Freeze
Trump said federal authorities froze nearly $1 billion in cryptocurrency tied to foreign scammers at a White House cybercrime roundtable on Oct. 21.
Scam Center Strike Force Details
The DOJ Scam Center Strike Force reported $938,460,156.82 in cryptocurrency under restraint as of Oct. 15, preventing at least $1.6 billion in losses this year.
Operation Level Up Impact
Operation Level Up warned 8,935 potential victims, preventing $562,726,245 in losses by alerting 77% of unaware victims.
The essence
Trump reported federal authorities froze nearly $1 billion in cryptocurrency linked to foreign scammers during a White House cybercrime meeting.
