According to CoinMeta, Trump is preparing to emphasize federal efforts against overseas cryptocurrency scams targeting Americans at a White House event on October 21st. The 2025 Internet Crime Report by FBI indicates that Americans have lost approximately $7.2 billion in investment scams. Trump and senior cabinet officials are expected to discuss the closure of fraudulent crypto investment websites and efforts to combat online impersonation schemes. This action is based on previous investigations into international scam centers, particularly criminal networks in Southeast Asia.