MoonPay CEO is behind mysterious donation to support Miami Mayor Francis Suarez

08/01 19:04

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MoonPay CEO Ivan Soto-Wright has been revealed as the person behind a mysterious $500,000 donation to a super PAC supporting Miami Mayor Francis Suarez. The donation was made by an LLC named PassionForest and became the subject of a complaint filed with the Federal Elections Commission (FEC). The complaint alleged that PassionForest was used as a straw donor to illegally funnel money into the PAC. MoonPay's spokesperson denied any wrongdoing and stated that Soto-Wright personally donated the funds through the LLC, which is not affiliated with a Chinese flower vendor of the same name. Suarez, who is running for President, has been a crypto advocate and has met Soto-Wright on multiple occasions.

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