At a White House cybercrime roundtable, President Trump said “countless” Americans lost more than $20 billion in 2025 to cybercrime and that federal officials froze $1 billion in “cybercurrency” tied to foreign scammers. Neither Trump nor Attorney General Todd Blanche explicitly mentioned cryptocurrency or digital assets, even though reports before the event had signaled a focus on crypto scams. The FBI reported that Americans lost $11 billion in 2025 to scams involving digital assets, including through crypto ATMs. The article also points to Trump family crypto ventures, which netted him $1.4 billion in 2025 according to a Public Citizen report, while his alleged schemes cost investors about $4.7 billion. Separately, Italian police arrested 30 people in a crypto money-laundering scheme.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/20/2026 | 83,028.15 |
| Change that session | +1.33% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/20/2026 | 2,449.20 |
| Change that session | +1.71% |
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