A White House cybercrime event planned for Oct. 21 was expected to address federal seizures of websites promoting fraudulent crypto investments, amid concern over overseas networks targeting Americans.
A White House official told Reuters that the agenda included taking control of sites advertising bogus crypto investment offers and efforts to counter online impersonation scams. The event preview described the networks as steering people in the United States toward fraudulent investments.
EconoTimes previously covered the planned White House effort against crypto investment scams.
The FBI counted more than 1 million complaints across internet-crime categories in 2025, 17% above the prior year. The figure covers internet crime broadly, rather than crypto investment fraud alone, so it provides wider cybercrime context for the planned measures.
In March, President Donald Trump signed an order putting the search for cybercrime offenders and their prosecution among the Justice Department’s priorities.
