Donald Trump is expected to announce a crackdown on cryptocurrency scams targeting Americans after a year of executive orders, memoranda, and the takedown of fraud networks. According to the article, crypto-related complaints accounted for $11.37 billion in losses reported to the FBI in 2025, out of $20.877 billion in total losses from internet crime. An order signed on March 6, 2026, directed federal prosecutors to pursue offenders, while an August 12 memorandum authorized vetted US companies to disrupt foreign transnational criminal organizations. In October 2026, the Brooklyn District Attorney’s office and the FBI took down 241 fraudulent websites and 112 servers linked to an international crypto investment fraud network, recovering approximately $300,000.
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