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Trump to Highlight Crypto Fraud at White House Event
President Donald Trump will use a White House event on Wednesday to spotlight his administration's crackdown on foreign criminal networks that lure Americans into fake crypto investments. The event will feature the government's seizure of fraudulent crypto investment websites and its work to shut down online impersonation scams. The FBI reported $11.366 billion in crypto-related losses in 2025, with organized criminal enterprises in Southeast Asia, particularly Cambodia, Laos, and Burma, responsible for much of the activity.