Trump highlights U.S. crackdown on overseas crypto scams at White House cybercrime roundtable

President Donald Trump hosted a cybercrime roundtable at the White House on October 21, 2026, focusing on efforts to protect Americans from online fraud, according to Reuters reporting.

The event was a broader cybercrime-prevention roundtable rather than an exclusively crypto-focused gathering. Still, the administration highlighted action against foreign criminal networks operating cryptocurrency investment scams and related schemes.

CoinDesk reported that the administration cited approximately $833 million in restrained cryptocurrency and 503 seized fraudulent investment websites. Those figures were presented as part of the administration’s enforcement efforts.

The roundtable places crypto-enabled investment fraud within a wider U.S. policy and law-enforcement campaign against transnational cybercrime and predatory schemes.

Crypto scams included in wider cybercrime agenda

Reuters described the White House event as a roundtable on protecting families and seniors from cybercrime. Senior administration officials attended, while the discussion included efforts directed at overseas fraud operations targeting U.S. residents.

Reporting on the event identified cryptocurrency investment scams as one of the fraud categories under scrutiny. The available reports do not establish that crypto was the sole or dominant subject of Trump’s remarks.

The administration’s cited enforcement totals included restrained cryptocurrency and fraudulent investment websites. The figures point to an approach that combines action against digital assets associated with alleged fraud with disruption of online infrastructure used to reach potential victims.

Justice Department strike force provides enforcement backdrop

The Justice Department’s Scam Center Strike Force has separately reported coordinated work against cryptocurrency and cyber-enabled fraud aimed at Americans. Its efforts involve disruption activity with U.S. private-sector participants.

The White House had already set out a broader policy framework in March 2026 to address transnational cybercrime, fraud and predatory schemes. The October roundtable connected the administration’s crypto-scam focus to that wider framework.

Consumer-facing risks can also extend beyond investment fraud. BTCNews previously reported on a separate investigation into reports of drained wallets linked to a Southeast Asian reseller, illustrating why security incidents and fraud claims require careful verification.

What the reported figures mean

The reported totals are enforcement figures cited by the administration, not an estimate of all cryptocurrency fraud losses or of the full scale of overseas scam activity. They should therefore be read as a measure of the actions described, rather than a complete accounting of the problem.

The White House event signals continued attention to the use of cryptocurrency within cross-border fraud investigations. It does not, on the available reporting, announce a new crypto-specific law or establish that all cybercrime activity discussed at the roundtable involved digital assets.

Separately, market and protocol developments remain distinct from fraud enforcement. For example, Bitcoin Core 31.1 was released with chainstate and privacy fixes, an unrelated technical update that underscores the breadth of activity covered by the digital-asset sector.

Continue reading: investigation into reports of drained wallets linked to a Southeast Asian reseller on BTCNews.

Continue reading: Bitcoin Core 31.1 was released with chainstate and privacy fixes on BTCNews.

Sources

• CoinDesk: Trump to throw spotlight on overseas crypto abuses at White House event
• Reuters, republished by Investing.com: Trump to tout crackdown on overseas crypto scams
• Reuters Connect: Trump leads roundtable on protecting families and seniors from cybercrime
• U.S. Department of Justice: Scam Center Strike Force Announces Results of U.S. & Private Industry “Disruption Week”
• The White House: Fact Sheet: President Donald J. Trump Combats Cybercrime, Fraud, and Predatory Schemes Against American Citizens

Our creator. Creates amazing NFT collections! Support the editor - Bitcoin_Man(TON) / Bitcoin Man Stickers(TON) / BM Numbers (TON) / Comics Book (TON) / Bitcoin_Man (ETH)

Pi Network (Guide)is a new digital currency developed by Stanford PhDs with over 55 million participants worldwide. To get your Pi, follow this link https://minepi.com/Tsybko and use my username (Tsybko) as the invite code.

Binance: Use this link to sign up and get $100 free and 10% off your first months Binance Futures fees (Terms and Conditions).

Bitget: Use this link Use the Rewards Center and win up to 5027 USDT!(Review)

Bybit: Use this link (all possible discounts on commissions and bonuses up to $30,030 included) If you register through the application, then at the time of registration simply enter in the reference: WB8XZ4 - (manual)