<ul data-eligibleForWebStory="false"><li>A pair of MoonPay executives lost $250,000 worth of Ethereum to a crypto scam involving a fake donation for President Donald Trump's inauguration.</li><li>The victims, believed to be MoonPay CEO Ivan Soto-Wright and CFO Mouna Ammari Siala, fell for an email scam pretending to be from Steve Witkoff, a co-chair of Trump's Inaugural Committee.</li><li>The DOJ complaint includes screenshots of emails and an Etherscan link to the transaction, revealing the scammer's attempt to launder the funds through multiple crypto addresses.</li><li>MoonPay, known for celebrity endorsements and involvement in NFT promotions, gained over 750,000 users after introducing Trump's memecoin; however, they did not respond to a request for comment on the scam incident.</li></ul>

Even crypto execs fall for crypto scams

Discover more