LIVE: Trump Freezes $1.6 Bn Linked to Foreign Scams! White House Unveils Major Cybercrime Crackdown
President Donald Trump hosted a White House roundtable on October 21 focused on the administration’s crackdown on cybercrime, online fraud and foreign scam networks. Trump said federal law enforcement had prevented at least $1.6 billion in losses this year and warned that foreign criminal organizations were targeting Americans through online scams.
FBI Director Kash Patel said the FBI had taken down 20 scam compounds around the world, while Trump said authorities had warned more than 10,000 Americans targeted for victimization. Trump also highlighted efforts to freeze stolen cybercurrency, shut down fraudulent websites and disrupt criminal networks targeting American families and businesses.
Watch Trump’s full remarks and the latest developments from the White House cybercrime crackdown.
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