The post Scammers sent fake Trump inauguration emails to steal over $250,000 in crypto from donor appeared on BitcoinEthereumNews.com.

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US An online scammer tricked a Trump supporter out of more than $250,000 dollars worth of cryptocurrency by pretending to be part of the president’s 2025 inaugural committee, federal officials alleged this week. In late December, the fraudsters sent out emails “purporting to be Steve Witkoff,” then the co-chair of the committee, soliciting over $250,000 worth of USDT.ETH cryptocurrency, prosecutors alleged in a federal court complaint. The victim paid the funds, and the crypto was soon distributed across “numerous other cryptocurrency addresses,” including a Nigeria-based Binance account tied to the name Ehiremen Aigbokhan, according to court documents. “All donors should double and triple check that they are sending cryptocurrency to their intended recipient,” Washington U.S. Attorney Jeanine Pirro said in a statement. “It can be extremely difficult for law enforcement to recoup lost funds due to the extremely complex nature of the blockchain.” Binance and Tether, firms and currencies associated with the alleged scam, complied with FBI requests later that month to freeze accounts containing some of the stolen funds, and federal prosecutors are seeking to seize about $40,000 worth of crypto across two accounts that hasn’t been withdrawn. Email fraudster used fake addresses to get donor to send over $250,000 worth of crypto to a series of wallets, including one tied to Nigeria, federal prosecutors allege (Copyright 2025 The Associated Press. All rights reserved.) Officials allege the money was gained through wire fraud and money laundering. The Independent has contacted an email officials said was associated with Aigbokhan for comment. Federal officials said the scheme was an example of a “business email compromise scam,”…

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Filed under: News - @ July 4, 2025 7:26 pm