Trump to spotlight crackdown on foreign crypto fraud as TRUMP coin trades 97% below peak

President Donald Trump is preparing to highlight new measures against international cryptocurrency fraud networks in a White House event dedicated to cybercrime prevention. Trump and several senior officials, including Homeland Security Secretary Markwayne Mullin, FBI Director Kash Patel, Defense Secretary Pete Hegseth, and Attorney General Todd Blanche, are set to detail recent efforts targeting fraudulent crypto investment sites and online impersonation schemes. A White House representative indicated that authorities will present data on the seizure of fake investment platforms and describe strategies aimed at disrupting scam operations threatening US residents. These remarks follow an executive order from March that instructed the Justice Department to prioritize cases involving online fraud, with a particular emphasis on crypto-related scams.

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