Trump didn‘t mention ‘crypto’ once in White House cybercrime roundtable
The US President detailed many schemes defrauding Americans, but referred only to “cybercurrency“ related to scams.
President Donald Trump convened a White House roundtable on cybercrime, despite facing scrutiny over allegations of personal enrichment through digital assets. The event saw Trump detail numerous schemes defrauding Americans, costing more than $20 billion in 2025, which he attributed to impersonation, ransomware, and scam centers.
He announced that federal officials had frozen $1 billion in "cybercurrency" linked to foreign scammers and averted $1.6 billion in losses in 2025 from reaching cybercriminals following an executive order in March. However, neither Trump nor Attorney General Todd Blanche used the term "cryptocurrency" or "digital assets" during the roundtable, opting instead for "cybercurrency" and "digital extortion."
The term "cybercurrency" can be considered outdated, as it is now commonly referred to as cryptocurrency. According to the Federal Bureau of Investigation, Americans lost $11 billion from scams involving digital assets in 2025. The White House did not immediately respond to requests for comment on the roundtable.
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