Court Error Seals $250,000 Crypto Fraud Tied to Trump Allies and MoonPay
Main Idea
A $250,000 crypto scam case linked to Trump allies and MoonPay was briefly sealed by a court error, with victims including MoonPay's CEO and CFO.
Key Points
1. The scam involved stealing $250,000 by impersonating Steve Witkoff, a real estate developer linked to Trump's inaugural committee.
2. Victims included MoonPay CEO Ivan Soto-Wright and CFO Mouna Ammari Siala, with a wallet address tied to Soto-Wright.
3. The case was briefly sealed due to a court error, not a DOJ request.
4. US authorities have closed their investigation into Kraken co-founder Jesse Powell.
Description
A federal fraud case involving a cryptocurrency scam , and connected to figures close to US President Donald Trump and MoonPay, was briefly hidden from public view .
Latest News
- Open Banking Battle: Crypto Orgs Urge Donald Trump to Step In2025-07-25 12:06:47
- Cognition’s Coding Bot Devin Targets $300 Million in New Funding2025-07-25 12:06:21
- Christie’s International Real Estate Opens the Door to Crypto-Funded Mansions2025-07-25 11:10:38
- Arizona Freelancer Sentenced for Helping North Korean Workers Infiltrate US Jobs2025-07-25 10:17:08
- Texas Town Battles Constant Noise from MARA's Bitcoin Mining Facility Next Door2025-07-25 09:06:54