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Trump says DOJ froze nearly $1 billion in scam-linked crypto

Trump says DOJ froze nearly $1 billion in scam-linked crypto
Photo: Shealeah Craighead / Public domain / Wikimedia Commons
AI summary

President Trump said the Department of Justice has frozen nearly $1 billion in cryptocurrency tied to scams. The action points to a push for stronger international cooperation and regulatory frameworks against digital fraud. Traders should watch for follow-through enforcement and any market reaction to the scale of seized scam-linked funds.

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