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Trump hosts White House roundtable on cybercrime and online fraud

United States President Donald Trump hosted a White House event on cybercrime, addressing financial losses from international fraud schemes without explicitly citing cryptocurrency.

FTMQ Crypto, written by our newsroom5 views

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Picture: CoinDesk Markets
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United States President Donald Trump hosted a cybercrime roundtable at the White House on Wednesday to address international scam operations. CoinDesk Markets and Sky News both reported on the White House event. CoinDesk Markets reported ahead of the event that a White House official said Trump planned to focus on international crypto-fueled criminal operations and highlight efforts by United States authorities to disrupt transnational networks. [1][2][6]

Cointelegraph Main reported that no United States government official, including Donald Trump, explicitly mentioned digital assets as a medium of fraud during the event. Trump stated at the roundtable that Americans lost more than $20 billion to cybercrime in 2025 through impersonation schemes, ransomware attacks, and scam centers. Cointelegraph Main noted that Trump referred only to cybercurrency related to scams. [1][2]

The administration continues to address digital asset policy following recent internal changes. As FTMQ Crypto reported earlier, Patrick Witt recently resigned from his role as the executive director of the President Council of Advisors for Digital Assets, leaving the White House position vacant. [11]

The White House, located at 1600 Pennsylvania Avenue NW in Washington, D.C., serves as the official residence and workplace of the president of the United States. Federal officials at the roundtable discussed ongoing enforcement measures targeting multinational criminal cartels operating scam centers and phishing campaigns. [1][2][8]

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In short

  • President Donald Trump hosted a cybercrime roundtable at the White House on Wednesday.
  • Trump stated that Americans lost over $20 billion to cybercrime in 2025.
  • No United States official explicitly mentioned digital assets during the roundtable event, according to Cointelegraph Main.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Trump to throw spotlight on overseas crypto abuses at White House eventCoinDesk Markets, 13d ago (the report this story comes from)
  2. [2]Trump didn‘t mention ‘crypto’ once in White House cybercrime roundtableCointelegraph Main, 13d ago
  3. [3]Trump ‘wants to turn White House press room into swimming pool’The Times, 14d ago
  4. [4]The ‘ice maiden’ rumours that show Trump’s White House is crackingThe i Paper, 13d ago
  5. [5]CNN warns Trump White House: Restore Air Force One access or face further legal action | CNN BusinessCNN, 14d ago
  6. [6]Trump hosts White House roundtable on cybercrimeSky News, 13d ago
  7. [7]Trump Pushes to Evict White House Press CorpsThe New York Times, 13d ago

Background

  1. [8]White House on Wikipedia
  2. [9]Trumpism on Wikipedia
  3. [10]White House on Grokipedia
  4. [11]White House digital assets chief Patrick Witt steps down from council FTMQ Crypto, 16d ago
  5. [12]Kalshi investigates prediction market bets placed before Trump appointment announcement FTMQ Crypto, 24d ago

Our newsroom writes these reports with the help of software, from the 12 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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