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CryptoPolicy

breaking

Trump calls on private sector to hack foreign networks behind crypto scams

Donald Trump opens the door to a new form of response against foreign criminal networks. In a memo signed on August 12, 2026, the American president authorizes certain licensed private companies to participate in cyber operations under…

Cointribune

Publisher

Aug 15, 2026 at 6:05 AM UTC · 5 min de lectura

Trump calls on private sector to hack foreign networks behind crypto scams
Image via Cointribune
Traduciendo…
Summarize this article with:

Donald Trump opens the door to a new form of response against foreign criminal networks. In a memo signed on August 12, 2026, the American president authorizes certain licensed private companies to participate in cyber operations under federal supervision. Crypto scam networks are among the targets, but the precise rules of these interventions are still to be written.

In brief

  • The program will be supervised by a coordination center and two leaders from Justice and Homeland Security.
  • The FBI recorded 181,565 complaints involving cryptos in 2025, with 11.366 billion dollars of declared losses.
  • Washington has 60 days to set the operational rules of the program. A first report is expected within 180 days.

Washington wants to go beyond freezing funds

American authorities already have several tools to pursue crypto scam networks. They can seize domains, block assets, or trace laundering circuits. The freezing of over 700 million dollars linked to a Chinese network is a recent illustration.

The memo signed by Donald Trump goes further. It now allows selected American companies chosen by the State to take part in certain operations conducted directly against the infrastructures used by these criminal networks. So it is no longer just about following the money or seizing funds afterward.