White House cybercrime roundtable reveals $20 billion in cybercrime losses in 2025, while the FBI reports $11 billion in digital asset scam losses.
- The White House cybercrime roundtable reported over $20 billion in cybercrime losses for 2025, with the FBI detailing $11 billion specifically from digital asset scams.
- Discussions at the roundtable, attended by President Trump and other officials, deliberately avoided terms like 'cryptocurrency' and 'digital assets,' opting for 'cybercurrency' and 'digital extortion.'
- The article also touches upon scrutiny of Trump family crypto businesses, alleged 'pay-to-play' practices, and recent Italian arrests related to cryptocurrency money laundering.
Topics: Legal regulatory, Jurisdictions, Blockchain usage, Enforcement actions litigation, Emerging hubs, Non evm chains
Tags: #cybercrime #digitalassets #fbi #whitehouse #trump #losses #scams #moneylaundering #stablecoin #italy
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