MoonPay executives may have been defrauded of over $250,000 by Nigerian scammers.

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On July 13, TheBlock reported that a document from the U.S. Department of Justice revealed that two individuals sent over 250,000 USDT to a wallet address associated with a Nigerian scammer, mistakenly believing they were donating to President Trump’s inauguration committee. The victims are identified as "Ivan" and "Mouna," with Ivan Soto-Wright serving as the CEO of the crypto payment company MoonPay and Mouna Ammari Siala as the CFO. One wallet involved in the scam transaction has previously been confirmed to belong to Soto-Wright, and the wallet receiving the funds is registered under Nigerian man Ehiremen Aigbokhan.

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