# Trump Cites $1 Billion Crypto Frozen in Scam Crackdown

> Trump says federal authorities froze nearly $1 billion in crypto tied to foreign scammers.
- Title: Trump Cites $1 Billion Crypto Frozen in Scam Crackdown
- Summary: Trump says federal authorities froze nearly $1 billion in crypto tied to foreign scammers. Trump reported federal authorities froze nearly $1 billion in…
- Keywords: trump, federal authorities, cryptocurrency, scam crackdown, white house, doj, executive order 14390, cybercrime, crypto, finance, Cites, Billion
- Source: TokenPost — https://tokenpost.com/news/regulation/37502
- Published: 2026-10-22T05:10:59+00:00
- Read time: 1 min
- Topics: trump, federal authorities, cryptocurrency, scam crackdown, white house, doj, executive order 14390, cybercrime, crypto, finance
## 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.
## Key takeaway

Trump reported federal authorities froze nearly $1 billion in cryptocurrency linked to foreign scammers during a White House cybercrime meeting.