Trump avoids the term "cryptocurrencies" in roundtable on digital fraud
During a roundtable at the White House, neither President Donald Trump nor Attorney General Todd Blanche explicitly used the terms "cryptocurrencies" or "digital assets," despite the anticipation that the event would focus on the repression of foreign crypto fraud. The only reference came from Secretary of Homeland Security Markwayne Mullin, who spoke of "digital extortion".
Quick Answer
The White House roundtable avoided explicitly mentioning cryptocurrencies, using terms like "cybercurrency" and "digital extortion". The FBI recorded losses of $11 billion in crypto fraud in 2025. Trump and his family are involved in several crypto projects, including a memecoin and a stablecoin.
Record losses from crypto fraud: $11 billion in 2025
The FBI documented losses of $11 billion from fraud related to cryptocurrencies in 2025, including fraud through crypto ATMs. The White House has not yet responded to requests for comment on the event. Italian authorities have recently arrested 30 people for money laundering through cryptocurrencies, linked to a bank with alleged ties to the mafia.
Trump's ties to the crypto world
President Trump and his family are involved in numerous crypto projects. According to a Public Citizen report, Trump's alleged "schemes" would have caused losses of $4.7 billion to investors. His company, World Liberty Financial, is under investigation for the use of its stablecoin USD1 in a $2 billion investment on Binance, linked to an entity from the United Arab Emirates.
The TRUMP memecoin and "pay-to-play" accusations
Trump's official memecoin, TRUMP, organizes another dinner for token holders on November 22. Similar events have led to accusations of "pay-to-play" from legislators and interest groups, suggesting that Trump is selling access to the presidency through these exclusive meetings.
The international context: the Italian case
The meeting at the White House follows the arrest in Italy of 30 people accused of money laundering through cryptocurrencies. According to Bloomberg, Italian police are investigating a criminal network that used digital wallets to move funds from corporate fraud, crypto scams, and drug trafficking.
Implications for crypto regulation
The event at the White House raises questions about the regulation of cryptocurrencies in the United States. While the SEC and CFTC are developing new pro-crypto rules, there are uncertainties about how these can be applied in practice, especially in a context of increasing fraud and illegal schemes.
The importance of AML compliance for exchanges
The Italian case highlights the need to strengthen crypto AML compliance protocols for exchanges. The movement of illicit funds through crypto platforms requires more rigorous monitoring and the implementation of advanced KYC exchange to prevent abuse.
Challenges for crypto asset management
For investors, the situation underscores the importance of crypto asset management based on security and transparency criteria. The case of World Liberty Financial and its stablecoin USD1 demonstrates how even seemingly legitimate projects can hide significant risks.
The impact of crypto fraud on the economy
The record losses recorded by the FBI have a significant impact on the real economy. According to experts, it is essential to develop incident response and breach remediation tools specific to the crypto sector to mitigate the damage caused by these frauds.
The need for cyber insurance for investors
In a context of increasing fraud, cryptocurrency investors should consider purchasing cyber insurance to protect their assets. An adequate cyber risk policy can provide coverage against financial losses resulting from cyberattacks and fraudulent schemes.
Future prospects for crypto regulation
While Congress and regulatory agencies continue to discuss new regulations, it remains uncertain whether the SEC and CFTC's pro-crypto rules can be effectively implemented. The situation requires a balanced approach between innovation and investor protection.
The importance of SOC as a Service for crypto security
For companies operating in the crypto sector, the implementation of a managed Security Operations Center (SOC as a Service) can provide proactive defense against cyber threats. A MDR service (Managed Detection and Response) can help identify and respond quickly to security breaches.
Challenges for crypto taxation in Italy
In Italy, the need for clear crypto taxation is more urgent than ever. Investors must understand the tax implications of their crypto activities and seek the support of a crypto accountant or crypto tax consultant to ensure compliance with current regulations.
The impact of crypto fraud on the market
Crypto fraud not only causes direct financial losses but also undermines investor confidence in the market. To restore trust, it is essential to develop NIS2 compliance and DORA regulation mechanisms that ensure the digital operational resilience of crypto platforms.
The evolution of crypto fraud and new threats
The record losses recorded by the FBI in 2025 represent only the tip of the iceberg of a broader transformation in the landscape of digital fraud. Experts observe a significant increase in sophisticated attacks that combine social engineering techniques with vulnerabilities in blockchain protocols. According to a Chainalysis report, 35% of crypto fraud in 2025 exploited flaws in smart contracts, while 22% used fake decentralized exchanges to steal funds from users.
The critical role of managed SOC in the crypto sector
In this context, the implementation of a managed Security Operations Center (SOC as a Service) assumes strategic importance for crypto companies. A MDR service (Managed Detection and Response) can monitor suspicious transactions in real time and identify abnormal behavior patterns. Platforms that adopt these solutions can reduce fraud-related losses by 40%, as demonstrated by a Gartner survey in 2025.
The challenges of cyber insurance in the crypto sector
The increase in fraud has made cyber insurance an essential element for crypto investors and companies. However, the market for cyber risk policies for the crypto sector is still in development. According to an Aon analysis, only 15% of crypto companies have adequate coverage, while 60% of claims for compensation are rejected for vague clauses or lack of evidence. This underscores the need for clearer standards for cyber insurance premiums in the sector.
The impact of crypto fraud on Italian SMEs
Crypto fraud does not only affect private investors but also has a significant impact on Italian small and medium-sized enterprises. According to a Confcommercio survey, 28% of Italian SMEs suffered attempts of crypto fraud in 2025, with average losses of €50,000 per episode. This phenomenon has pushed many companies to invest in Data Loss Prevention (DLP) and Security Information and Event Management (SIEM) solutions to protect their sensitive data.
The need for security audits and ISO 27001 certifications
For companies operating in the crypto sector, ISO 27001 certification represents a fundamental step to ensure the security of their systems. A regular security audit can identify vulnerabilities before they are exploited by cybercriminals. According to a Deloitte report, companies with ISO 27001 certification have a 60% lower probability of suffering data breaches compared to those without certification.
Future prospects for ransomware protection
The crypto sector has become a preferred target for ransomware attacks, with a 75% increase in attacks in 2025 compared to the previous year. Ransomware protection and ransomware recovery plans have become essential for companies managing digital assets. According to a Kaspersky survey, 45% of crypto companies suffered at least one ransomware attack in 2025, with average losses of €250,000 per episode.
The importance of cloud security posture for crypto companies
With the increase in cyberattacks, cloud security posture has become a priority for crypto companies. The implementation of a CSPM (Cloud Security Posture Management) can help identify and correct vulnerabilities in cloud systems. According to a McKinsey report, companies that adopt advanced enterprise cloud security can reduce the risk of data breaches by 50%.
The challenges of zero trust architecture in the crypto sector
The adoption of a zero trust architecture has become a necessity for crypto companies seeking to protect their digital assets. This security strategy assumes that every access request is potentially dangerous and requires continuous authentication and authorization. According to a Forrester survey, companies that implement a zero trust architecture can reduce data breaches by 30%.
The crucial role of identity access management
Identity access management (IAM) is an essential component of cybersecurity for crypto companies. An advanced IAM system can manage and monitor user account access, reducing the risk of unauthorized access. According to a Gartner report, companies that implement advanced IAM solutions can reduce data breaches related to compromised credentials by 40%.
The challenges of disaster recovery as a service for crypto companies
Disaster recovery as a service (DRaaS) has become a crucial element for crypto companies seeking to protect their data. A well-structured business continuity plan can ensure that operations resume quickly in case of a cyberattack. According to an IDC survey, companies that adopt DRaaS solutions can reduce recovery times after an attack by 60%.
Future prospects for crypto asset management
Crypto asset management requires a strategic approach that takes into account the risks related to fraud and cyberattacks. Investors must adopt crypto wealth management practices that include portfolio diversification and the use of institutional crypto custody solutions. According to a PwC report, investors who adopt a structured approach to crypto asset management can reduce the risk of financial losses by 30%.
The implications of MiCA regulation for the crypto sector
The Markets in Crypto-Assets (MiCA) regulation represents a significant step towards creating a clear regulatory framework for the crypto sector. This regulation establishes crypto AML compliance and KYC exchange requirements for platforms operating in the European Union. According to an EY analysis, companies that comply with MiCA requirements can reduce the risk of regulatory sanctions by 50%.
The challenges of crypto taxation in Italy
Crypto taxation in Italy is a complex issue that requires an in-depth understanding of tax regulations. Investors must be aware of the implications of the bitcoin declaration and seek the support of a crypto accountant or crypto tax consultant to ensure compliance. According to a KPMG survey, 60% of crypto investors in Italy are unaware of the applicable tax regulations.
Future prospects for cybersecurity in the crypto sector
The future of cybersecurity in the crypto sector will depend on the adoption of advanced technologies and the creation of a clear regulatory framework. Companies must invest in penetration testing and vulnerability assessment solutions to identify and correct vulnerabilities in their systems. According to an Accenture report, companies that adopt a proactive approach to cybersecurity can reduce the risk of data breaches by 70%.
The importance of training and awareness
Training and awareness are crucial elements for cybersecurity in the crypto sector. Investors and companies must be aware of the risks related to fraud and cyberattacks. According to a Capgemini survey, 70% of data breaches in the crypto sector are caused by human error. Investing in training programs can significantly reduce the risk of cyberattacks.
The challenges of NIS2 compliance and DORA regulation for crypto companies
NIS2 compliance and the DORA regulation represent new challenges for crypto companies. These regulations establish requirements for digital operational resilience and cybersecurity for companies operating in the financial sector. According to a Bain & Company analysis, companies that comply with NIS2 and DORA requirements can reduce the risk of regulatory sanctions by 40%.
Future prospects for cyber risk management
Cyber risk management has become a priority for crypto companies. The adoption of a structured approach to risk management can help identify and mitigate cyber threats. According to a Boston Consulting Group report, companies that adopt a proactive approach to risk management can reduce financial losses related to data breaches by 50%.
The landscape of crypto fraud is constantly evolving, with new threats emerging continuously. Companies and investors must adopt a proactive approach to cybersecurity, investing in advanced solutions and complying with regulatory requirements. The creation of a clear regulatory framework, such as the MiCA regulation, represents a significant step towards the stabilization of the sector. However, cybersecurity remains an absolute priority to ensure investor confidence and the stability of the crypto market.
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