Trump-Vance Administration Announces $25 Million Whistleblower Program to Combat Fraud

President Trump and Vice President JD Vance announced a new $25 million whistleblower program aimed at encouraging the reporting of alleged fraud. The program will offer a 1% commission on the amount of fraud uncovered by tips, with President Trump personally arbitrating reward decisions. This initiative follows federal authorities seizing over 500 fraudulent cryptocurrency investment websites and preventing an estimated $562 million in losses.