Crypto Executives Fall Victim to Nigerian Scam, Losing $250,000

TL;DR Summary
Two MoonPay executives reportedly lost $250,000 worth of Ethereum in a scam involving a fake donation to Trump's inauguration, highlighting that even crypto industry insiders can fall victim to scams. The DOJ investigation suggests the scammer used a fake email impersonating a Trump Inaugural Committee member, and the funds were potentially laundered through multiple crypto addresses.
- Even crypto execs fall for crypto scams The Verge
- MoonPay executives may have sent $250,000 to Nigerian scammer, DoJ filing suggests The Block
- The DOJ Seemingly Outed Top Crypto Executives as Falling for a Nigerian Crypto Scam NOTUS
- MoonPay Executives Duped in $250,000 Crypto Scam AInvest
- Posts claiming Nigerian ‘Yahoo boy’ scammed Trump out of $250k are misleading Fact Check AFP
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
84%
353 → 56 words
Want the full story? Read the original article
Read on The Verge