On October 21, 2026, Donald Trump announced that federal authorities had frozen $938,460,156.82 in crypto linked to fraudulent operations, including pig-butchering investment scam networks. According to the FBI, the measures prevented at least $1.6 billion in losses in 2026 and led to the seizure or disruption of 503 fraudulent websites, while 20 scam compounds were dismantled. Warnings sent to more than 10,000 people considered vulnerable prevented nearly $562 million in losses as of March 31, 2026. The frozen funds have not yet been returned to victims: the government has not identified the assets or their custodians, and the repayment process remains unconfirmed.
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