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MoonPay Executives May Have Sent $250,000 To Nigerian Scammer, DoJ Filing Suggests

1 week 6 days ago
A Department of Justice filing aiming to recover fraudulently obtained cryptocurrency may have inadvertently revealed the scam's victims as the CEO and CFO of crypto payment firm MoonPay. From a report: The filing, which aims to seize around $40,350 in USDT frozen by Tether, reveals that two victims sent $250,300 in USDT to a person posing as Steve Witkoff, co-chair of the President Trump's inaugural committee. However, records obtained from Binance revealed that the wallet that received the funds was registered to Ehiremen Aigbokhan, a man based in Lagos, Nigeria. The victims are identified in the filing only as "Ivan" and "Mouna." However, as outlet NOTUS noticed, Crypto payment firm Moonpay's CEO is Ivan Soto-Wright and its CFO is Mouna Ammari Siala. Furthermore, a wallet involved in the $250,300 transaction is listed by Etherscan as a MoonPay wallet.

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Cognition AI Buys Windsurf as AI Frenzy Escalates

1 week 6 days ago
Cognition AI, an artificial intelligence startup that offers a software coding assistant, said on Monday that it had bought rival Windsurf as part of an escalating battle to lead in the technology. From a report: The move follows a $2.4 billion deal by Google to acquire some of Windsurf's top executives and license the start-up's technology, which was revealed on Friday. Google's deal appeared to leave Windsurf in a difficult position as a stand-alone start-up. OpenAI, the maker of the ChatGPT chatbot, had also been in talks to buy Windsurf before the Google deal. "We've long admired the Windsurf team and what they've built," said Scott Wu, a co-founder of Cognition, in an email to employees viewed by The New York Times. "Within our lifetime, engineers will go from bricklayers to architects, focusing on the creativity of designing systems rather than the manual labor of putting them together."

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