Trump says DOJ has frozen nearly $1 billion in scam-linked crypto

The Scam Center Strike Force reports $938,460,156.82 in restrained crypto as federal authorities target Southeast Asian pig-butchering networks President Donald Trump announced on October 21, 2026, that federal authorities have frozen nearly $1 billion in crypto tied to foreign scam operations. The precise figure comes from the Department of Justice’s Scam Center Strike Force. As of October 15, 2026, it had restrained $938,460,156.82 in crypto. Trump made the announcement during a White House roundtable on cybercrime. He framed the freeze as one piece of a wider campaign against online fraud. Beyond the frozen funds, Trump said federal authorities have prevented at least $1.6 billion in losses so far this year. He also said more than 500 fraudulent websites have been taken down.

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