Moonpay Executives Fall Victim to $250,000 Scam Linked to Nigerian Fraudster

The U.S. Department of Justice reveals that MoonPay executives were scammed out of over $250,000 USDT due to a deceptive email impersonation scheme.

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Summary

The U.S. Department of Justice reports that MoonPay CEO Ivan Soto-Wright and CFO Mouna Ammari Siala transferred over $250,000 USDT to a Nigerian fraudster impersonating Steve Witkoff. The scam involved a deceptive email address with a subtle character change. Tether has frozen approximately $40,000 USDT related to the case, but MoonPay has not commented on the incident.

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