Trump expected to tout crypto scam crackdown at White House event Wednesday

The planned announcement follows a year of executive orders, memoranda and takedowns aimed at digital asset fraud networks President Donald Trump is expected to announce a crackdown on crypto scams aimed at Americans. Crypto-related complaints accounted for $11.37 billion in losses reported to the FBI in 2025. On March 6, 2026, Trump signed an Executive Order targeting cybercrime and fraud. The order directed federal prosecutors to go after offenders and pushed agencies to coordinate more closely. On August 12, 2026, a National Security Presidential Memorandum was issued.